On Monday, Senate Democratic Majority Leader Chuck Schumer announced that he would include legislation to improve U.S. competitiveness with China in a defense policy bill that the Senate will begin considering later this week.
Announcing the National Defense Authorization Act (NDAA), Schumer said it would be expanded to make way for the U.S. Innovation and Competition Act (USICA).
The move follows a recent release by Reuters that said USICA supporters were considering adding their provisions to the NDAA after the bill failed to get a vote in the House.
The move will not ensure that USICA ultimately becomes a law. Instead, there is a chance that some of its provisions will make it into the NDAA. Once the NDAA is approved by the Senate, negotiators from the Senate and House of Representatives will work to reach a compromise on the Senate strategy and USICA bill passed a few months ago.
After that, the compromise will pass the House and Senate before eventually being sent to the President for approval.
For more information, read the original story in Reuters.
