WASHINGTON – U.S. Sen. Mark R. Warner (D-VA) released the following statement applauding the Senate for taking an important procedural step to pass an American competitiveness package known as the United States Innovation and Competition Act or America COMPETES Act:

“For too long, the United States has allowed our global competitors to out invest us in regard to our innovation economy. This competitiveness bill makes major investments in domestic semiconductor manufacturing, creates good-paying jobs, and provides the tools our country needs to continue competing in the global economy. I am glad the Senate has voted to pass the amended version of this legislation, and I am hopeful that the Senate and House will conference quickly so that we can finally send this legislation to the President’s desk.”

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