Dear Mr. Poindexter,
Thank you for contacting me about S. 1260, the U.S. Innovation and Competition Act of 2021, formerly known as the Endless Frontier Act.
I was pleased to vote in favor of the bill when it passed the Senate on June 8, by a vote of 68-32.
The U.S. Innovation and Competition Act of 2021 serves as a once-in-a-generation opportunity to solidify U.S. leadership in science and tech innovation, strengthen our national security, and reinvigorate American ingenuity.
I am pleased to see Congress taking bipartisan action to shore up U.S. investment in the research, development, and manufacturing of critical technologies. Without intervention, China will continue to outpace and outperform us in the global technology race impacting our country’s economic well-being, our global influence, and our national security.
As Chairman of the Senate Select Committee on Intelligence, I have long been sounding the alarm about the importance of supply chain security and the threat posed by state-directed 5G providers like Huawei.
That’s why this bill is so important. It includes funding for my bipartisan legislation, the Utilizing Strategic Allied (USA) Telecommunications Act, which fosters U.S. innovation in the race for 5G by providing $1.5 billion to invest in Western-based alternatives to Chinese equipment providers like Huawei and ZTE.
I am pleased that this legislation also invests in domestic semiconductor manufacturing, packaging, and advanced R&D, with a $52 billion investment in the programs included in my legislation, the CHIPS for America Act, which was enacted last year. With the U.S. lead over China in semiconductor manufacturing shrinking each year, a significant investment like this is long overdue.
This unprecedented investment in advanced manufacturing, critical technologies, and research and development is a major step in solidifying American science and technology leadership.
I hope you will contact me in the future about issues that are important to you, and please be assured that I will continue to work with my colleagues across the aisle to support US innovation and competitiveness.
Sincerely,
MARK R. WARNER
United States Senator