McConnell helps Dems pass $280 billion Big Tech corporate welfare bill. Schumer betrays him in return.

The "chips and science" bill (HR 4346)

• A $280 billion package for the science and tech cartels that includes $54 billion in five-year grants for manufacturing and design of semiconductors and 5G wireless deployment, plus $24 billion in tax credits for new semiconductor manufacturing facilities through 2026 and funding authorizations to bolster U.S. scientific research.
• The bill will further incentivize and invest in the current globalist system that sells out America to China. Absent large-scale policy reforms, more funding of tech giants is tantamount to funding China.

To add insult to injury, McConnell originally promised that if Democrats didn't give up on plans to pass budget reconciliation, he would block passage of the chips bill.

• Yet McConnell then votes for the bill, and within hours of its passage yesterday, Senate Majority Leader Chuck Schumer announced plans to pursue a reconciliation resolution.
• Thus, when Democrats pass that bill next week and all these same McConnell Republicans vote against it, just know that McConnell gave up his leverage and is responsible for that massive tax-and-spend giveaway to corporate welfare bill.
  1. Thus, when Democrats pass that bill next week and all these same McConnell Republicans vote against it, just know that McConnell gave up his leverage and is responsible for that massive tax-and-spend giveaway to woke industries because he agreed to pass another massive corporate welfare bill.
  2. Horowitz: McConnell helps Dems pass $280 billion Big Tech corporate welfare bill.
  3. After months of a stalemate with Senator Joe Manchin, Schumer announced plans to pass a $370 billion “climate and energy” bill, funding the Great Reset, three years of subsidies for the health care cartel under Obamacare, and more handouts for Big Pharma.
  4. In comes the “chips and science” bill (HR 4346), a $280 billion package for the science and tech cartels that includes $54 billion in five-year grants for manufacturing and design of semiconductors and 5G wireless deployment, plus $24 billion in tax credits for new semiconductor manufacturing facilities through 2026 and funding authorizations to bolster U.S. scientific research.
  5. Horowitz: McConnell helps Dems pass $280 billion Big Tech corporate welfare bill.
  6. To add insult to injury, McConnell originally promised that if Democrats didn’t give up on plans to pass budget reconciliation, he would block passage of the chips bill.
  7. Republicans will wax poetic today about inflation, yet when it came to the issues that mattered – COVID, Ukraine, and now a massive Big Tech bill – they not only fail to filibuster big budget bills, but they will even vote for new massive spending bills while in the minority.
  8. However, McConnell promised to hold up the bill unless the Democrats committed to forgoing budget reconciliation, a process through which they can pass liberal priorities without the need for 60 votes.
  9. Yet McConnell then votes for the bill, and within hours of its passage yesterday, Senate Majority Leader Chuck Schumer announced plans to pursue a reconciliation resolution.
  10. Note that McConnell said he would blow up the chips bill if Dems tried to do budget reconciliation pkg for social spending plan.
  11. The semiconductor and 5G industries embody everything conservatives are worried about with the corporate masters – ties to China, privacy concerns, health concerns, outsourcing American jobs, creating monopolies, and funding woke global corporations that hate our values and use the funding as well as the technology against our best interests. 

https://www.theblaze.com/op-ed/horowitz-mcconnell-schumer-reconciliation-bill