A bill to boost semiconductor production in the United States has managed to do nearly the unthinkable—unite the democratic socialist Sen. Bernie Sanders and the fiscally conservative right.
WASHINGTON—
Sanders, I-Vt., and a wide range of conservative lawmakers, think tanks and media outlets have a different take. To them, it’s “corporate welfare.” It’s just the latest example of how spending taxpayer dollars to help the private sector can scramble the usual partisan lines, creating allies on the left and right who agree on little else. They are positioning themselves as defenders of the little guy against powerful interest groups lining up at the public trough.
Sanders voted against the original semiconductor and research bill that passed the Senate last year. He was the only senator who caucuses with the Democrats to oppose the measure, joining with 31 Republicans. Conservative mainstays such as The Wall Street Journal’s editorial board, the Heritage Foundation and the tea party aligned group FreedomWorks have also come out against the bill. “Giving taxpayer money away to rich corporations is not competing with China,” said Walter Lohman, director of the Heritage Foundation’s Asian Studies Center.
“If you don’t play like they play, then you are not going to be manufacturing high technology chips, and they are essential for our national defense as well as our economy,” Romney said. The most common reason that lawmakers give for subsidizing the semiconductor industry is the risk to national security from relying on foreign suppliers, particularly after the supply chain problems of the pandemic.
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