China check-in: Cornyn aide optimistic for bipartisan support of CHIPS funding, China package

Bipartisan hope springs eternal for legislation aimed at countering China’s rise, incentivizing semiconductor production in the U.S., and upping government spending on research and development, says a key congressional staffer. “I will say there is a lot of bipartisan support for this effort,” Claire Sanderson, a legislative assistant for Sen. John Cornyn (R-TX), said on Tuesday. Cornyn was a lead co-sponsor of the Creating Helpful Incentives for Producing Semiconductors in America Act. The CHIPS Act, which authorized incentives for domestic...