Biden Encourages House to Pass Technology Innovation Funding Bill
The United States Innovation and Competition Act would, among other things, plow money into semiconductor research and development.

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The United States Innovation and Competition Act would, among other things, plow money into semiconductor research and development.
WASHINGTON, January 25, 2022 – President Joe Biden on Friday encouraged the House of Representatives to push through Senate-passed legislation that would plow more federal money into technological innovation in the country.
Virginia reports 91% end-to-end fiber proposals received in first funding round.
Introduced in response to January ruling striking down federal net neutrality
New contribution factor will apply in the second quarter of 2025
The Defense Department has opposed the idea.