Topic: America Competes Act

1 chapters across the catalog

Guidepost
Episode 1424 2:19:45 - 2:24:12

1424: Guidepost

America Competes Act and Semiconductor Subsidies

The House has approved the "America Competes Act," which includes $52 billion to boost domestic semiconductor manufacturing and $45 billion for supply chains. The legislation also requires online marketplaces like Etsy and eBay to verify the identities of sellers with government IDs. The hosts characterize the bill as a "giveaway" to large corporations and a mechanism for increased government control over small online sellers.