China competition bill clears House

The House passed legislation on Friday aimed at bolstering domestic supply chains and scientific research to make the U.S. more competitive with nations like China.

The massive legislative package includes measures to address the global semiconductor chip shortage and strains on the U.S. supply chain, both of which have contributed to the recent spike in inflation.

Lawmakers passed the bill largely along party lines, 222-210, with one Republican voting for it and one Democrat voting no.

Passage comes about seven months after the Senate passed its version in June with the support of 18 GOP senators.

Both chambers will now have to reconcile their competing versions and ultimately reach an agreement that can draw at least 10 Republicans in the evenly split upper chamber, since it will be subject to Senate rules requiring at least 60 votes for most legislation.