Schumer referred to the bill as a “once-in-a-generation investment in American Science and American technology.” adding that, “The coronavirus pandemic has shown the science and technology gap between the United States and the rest of the world is closing fast and that threatens our long-term health, economic competitiveness, and national security,” Todd Young (R-Ind.), a rising star in the Republican Party, championed the bill. Senate Majority Leader Chuck Schumer (D-N.Y.) and Sen. The bill also “redesignates the National Science Foundation as the National Science and Technology Foundation and establishes a Directorate for Technology within the foundation.” according to. competitiveness” and to “foster the impact of federally funded research and development.” leadership in critical technologies through fundamental research” to “enhance U.S. The legislation identifies three key areas of focus, “to strengthen U.S. While the bill does not specifically reference China, Chuck Schumer (D-N.Y.) stated on the floor, “We can either have a world where the Chinese Communist Party determines the rules of the road for 5G, artificial intelligence and quantum computing - or we can make sure the United States gets there first.” technology research and development by investing $100 billion dollars over five-years in numerous technological areas to counter China. Senate advanced the Endless Frontier Act which aims to boost U.S. Senate advanced legislation on Monday in a bipartisan effort to take on China as a strategic competitor to the United States and to further establish American technological prowess.
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