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CHIPS Bailout
Late Tuesday morning (TODAY), the Senate voted on the CHIPS Act, (H.R. 4346), a $250 billion package that blends corporate welfare with industrial policy. The cloture vote passed 64-32. The final vote, which only requires a simple majority (51 votes), can be held after 30 hours of “post-cloture” debate.
So the Senate could vote on final passage as soon as Wednesday night—possibly sooner if the entire Senate agrees by unanimous consent to speed up the process. The CHIPS Act will then go to the House for consideration.
This bad bill will authorize hundreds of billions of dollars in new spending and corporate bailouts to big tech companies with little to no accountability to how they use the funding. Much of this funding will ultimately just pass through to their Chinese business interests. This means that U.S. taxpayer dollars will directly subsidize and support the Chinese economy.
This bill will do little to address the multitude of threats posed by the Chinese Communist Party (CCP), and would create more spending at a time when consumers face a staggering 9.1% inflation rate. Heritage Action has proposed conservative solutions to the China th... This bill misses the mark, and will be a key vote NO on Heritage Action’s scorecard.
Build Back Broke
While the “Build Back Better” deal has shrunk considerably in the last year, conservatives must oppose the BBB package by any name. The most recent draft is a TRILLION-dollar disaster in wasteful spending, and it’s currently going through the “Byrd Bath,” determining whether all provisions meet the criteria to pass via the reconciliation process (more on how it works), before it can be considered for a vote in the Senate.
Under the reconciliation process, a bill is not subject to the filibuster and only needs 51 votes. So there is a real chance this bill could pass if Democrats stay united and vice president Harris casts the 51st vote.
Here are some of the current problems with the bill:
This bill raises health care costs for the 82% of Americans not on Medicare, and increases and prolongs the inflation crisis with more government spending.
>> Take Action: Call your representative and two senators and urge them to oppose the Build Back Better bill.
Defending Marriage and Religious Liberty
Last week the House passed the “Respect for Marriage Act” (H.R. 8404), and it is unclear when a vote in the Senate could occur. This deceptively named bill would repeal the Defense of Marriage Act and radically redefine marriage under federal law, far beyond the issue of same-sex marriage. This bill:
It is possible a vote could occur later this week, but with Sens. Manchin and Murkowski announcing they have contracted COVID, it is looking more likely that a vote would be bumped to early September after the August recess. While there are 4-5 Republican senators who have indicated they will vote for the bill, there are a number who remain on the fence or have not made their position clear.
>> Take Action: Call your senators and urge them to oppose H.R. 8404.
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