Senate Minority Leader Mitch McConnell on Thursday threatened to tank Congress’ behemoth China competition bill if Democrats continue to push to resurrect President Biden’s long-stalled social welfare and climate change spending package.
Senate and House negotiators have remained deadlocked over the final passage of the U.S. Innovation and Competition Act, or USICA, which includes a $52 billion incentive for semiconductor manufacturers to build production plants in the U.S., a marquee measure that is largely supported by lawmakers on both sides of the aisle.
But the Kentucky Republican is digging in against the Democrat spending bill.
“Let me be perfectly clear: there will be no bipartisan USICA as long as Democrats are pursuing a partisan reconciliation bill,” Mr.