WI Senators talk about supply chain aid through China bill

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IN WASHINGTON .. SENATOR TAMMY BALDWIN… HAS EMERGED AS A KEY NEGOTIATOR IN THE PUSH FOR A BIPARTISAN CHINA COMPETITION BILL
SHE’S HOPING A DEAL CAN BE REACHED SOON.
SPECTRUM NEWS 1’S TAUREAN SMALL TALKED TO THE SENATOR ABOUT THE LEGISLATION – AND A SURPRISING GROUP OF BUSINESSES THAT WOULD BENEFIT IF IT IS PASSED.
 
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AFTER MORE THAN A YEAR OF WRANGLING ON CAPITOL HILL.. LEGISLATION TO BOOST THE DOMESTIC MANUFACTURE OF COMPUTER CHIPS AND MAKE THE U.S. MORE COMPETITIVE WITH CHINA IS NEAR THE FINISH LINE. NEGOTIATORS FROM THE HOUSE AND SENATE ARE CONVENING TO SMOOTH OUT DIFFERENCES BETWEEN BILLS EACH CHAMBER HAS PASSED.
 
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(Sen. Tammy Baldwin, D-Wisconsin)
I’m really looking forward to rolling up my sleeves and getting to work on this.
 
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A KEY MEMBER OF THE CONFERENCE COMMITTEE.. WISCONSIN SENATOR TAMMY BALDWIN… SAYS THE LEGISLATION WOULD HELP AN INDUSTRY NOT NORMALLY ASSOCIATED WITH TECHNOLOGY: FARMING.
SHE TOURED AN AGRICULTURE MACHINERY PLANT IN THE SOUTHERN WISCONSIN TOWN OF BRODHEAD LAST WEEK… SEEING FIRST HAND HOW A PARTS SHORTAGE IS HURTING FARMS.
 
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(Sen. Tammy Baldwin, D-Wisconsin)
there are quite a few other components to the farm equipment that they build there that they’re having, needing [wait] times of many months to obtain.
 
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PARTS LIKE MICROCHIPS.
A GLOBAL SEMICONDUCTOR SHORTAGE IS DELAYING THE DELIVERY OF NEW TRACTORS AND OTHER FARM EQUIPMENT.
 
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(Sen. Tammy Baldwin, D-Wisconsin)
what you’re seeing is nearly completed farm equipment that cannot leave the site, because it’s still missing a component and maybe for many, many months to come. And that’s really, you know, it’s unacceptable, and it’s going to have real consequences.
 
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BOTH THE SENATE’S US INNOVATION AND COMPETITION ACT AND HOUSE COMPETES ACT WOULD ALLOCATE 52 BILLON DOLLARS TO RAMP UP DOMESTIC CHIP PRODUCTION.
THAT INVESTMENT BACKED BY THE ASSOCIATION OF EQUIPMENT MANUFACTURERS.
IT SENT A LETTER LAST MONTH TO THE COMMITTEE… URGING SWIFT NEGOTIATIONS OF A FINAL BILL TO SHORE UP SUPPLY CHAINS.
 
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(Sen. Tammy Baldwin, D-Wisconsin)
We’re a state that makes things and it’s why I have introduced my supply chain resiliency act, many components of which are in the innovation and competition act. And when I serve on the conference committee, I’m going to be working very specifically on trying to strengthen those strengthened our supply chains across the board.
 
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BALDWIN SAYS SHE HOPES A DEAL CAN BE REACHED BY JUNE.
In Washington… TS Spectrum News