Today, Senate Democrats introduced the America Labor, Economic competitiveness, Alliances, Democracy and Security (America LEADS) Act which is aimed at bolstering the US economy in order to compete with China.
The bill would invest over $350 billion in American businesses, manufacturing communities, federal research and development, STEM education, and training programs. It also expands the Manufacturing USA Network, renews the US diplomatic strategy towards China and Indo-Pacific partners, and takes action on human rights issues in Tibet, Hong Kong, and Xinjiang.
The bill has not yet passed in the Senate. It would then need to pass in the House and be signed into law by the President.