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A comprehensive semiconductor industry law is approved by the US Senate 64–32

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3 years ago

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A comprehensive semiconductor industry law is approved by the US Senate 64–32

In an effort to make the American industry more competitive with China, the U.S. Senate voted 64-32 on Tuesday to advance legislation that would significantly increase the nation’s chip production capacity.

The measure includes an investment tax credit for chip facilities estimated to be worth $24 billion in addition to around $52 billion in government subsidies for American semiconductor production.

Final passage is anticipated to be voted on by the Senate in the upcoming days, and the U.S. House may do the same as early as this week.

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The issue has been framed in terms of national security by the president, Joe Biden, and others, who claim that it is imperative to maintain American production of chips that are critical to a variety of consumer items and military hardware.

The vote, according to Secretary of Commerce Gina Raimondo, “is a signal of the strong bipartisan coalition fighting to make more chips in America. These chips maintain the stability of our economy and national security.

The bill seeks to alleviate a chronic shortage that has hampered manufacturing in a variety of sectors, including automobiles, consumer electronics, medical devices, and high-tech weapons, and forced some businesses to reduce output. Particularly heavily hit has been the auto industry.

Before the vote, Chuck Schumer, the Democratic majority leader in the Senate, claimed that the outbreak “made obvious with merciless clarity how America’s chip scarcity was causing a disaster.”

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The vote is a “critical step toward enacting legislation that will improve American chip production and innovation, economic growth and job creation, and national security,” according to the Semiconductor Industry Association.

The plan, which has been in the works for well over a year, was heavily pushed by Biden; a version of it passed the Senate in June 2021 but failed to get traction in the House. This infuriated politicians from both parties who prioritise rivalry with China and problems with the global supply chain.

Critics like Senator Bernie Sanders have referred to the legislation as a “blank check” to extremely lucrative semiconductor manufacturers.

As part of the administration’s virtual meeting with labour leaders and the CEOs of Lockheed Martin Corp., Medtronic PLC, and Cummins Inc.

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Akshay Kumar wishes director Priyadarshan on birthday with Bhooth Bangla BTS pic: ‘Surrounded by ghosts…

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7 days ago

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January 30, 2025

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Akshay Kumar wishes director Priyadarshan on birthday with Bhooth Bangla BTS pic: ‘Surrounded by ghosts…

Akshay Kumar and Priyadarshan, the acclaimed Indian director, celebrated their 68th birthday on Instagram. Kumar, who has worked with Priyadarshan on several cult comedies of the early 2000s, wished him a happy birthday and called him a mentor. The duo is now back together for their upcoming horror-comedy, Bhooth Bangla.

The first poster of the movie has been released, and it is expected to hit theaters in 2025. Akshay Kumar wore a black fedora and a green jacket, layered over a black tee, and fans have expressed their excitement for their new movie.

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The duo’s dynamic and deep bonding have been praised by fans, who have expressed high anticipation for their new movie. The first poster of Bhooth Bangla has already been released, and the movie is expected to hit theaters in 2025.

Akshay Kumar, the versatile Bollywood actor, recently celebrated director Priyadarshan’s birthday by sharing a behind-the-scenes (BTS) photograph from their upcoming film, “Bhooth Bangla.” In the image, Akshay humorously captioned, “Surrounded by ghosts…” The photo features Akshay alongside Priyadarshan and co-actor Paresh Rawal, all dressed in traditional attire, with a black cat perched on Akshay’s shoulder, adding a whimsical touch to the scene.

Reunion After 14 Years

This collaboration marks a significant reunion between Akshay Kumar and Priyadarshan, who last worked together on the film “Bhool Bhulaiyaa” in 2007. Their partnership has been celebrated in the past for delivering successful comedies like “Hera Pheri” and “Garam Masala.” Fans have eagerly anticipated their return to the big screen together, and “Bhooth Bangla” promises to be a delightful addition to their repertoire.

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About ‘Bhooth Bangla’

“Bhooth Bangla” is a horror-comedy that blends elements of suspense with humor, a genre in which both Akshay Kumar and Priyadarshan have excelled. The film is produced by Balaji Telefilms Ltd in association with Cape of Good Films. The motion poster released earlier this year features Akshay Kumar in a suit, with a cat on his shoulder, licking milk slyly, setting the tone for the film’s intriguing and humorous premise.

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Anticipation and Fan Reactions

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The BTS photo shared by Akshay Kumar has generated excitement among fans, who are eager to see the trio back together on screen. The playful caption and the presence of the black cat suggest that “Bhooth Bangla” will offer a mix of thrills and laughs, staying true to the successful formula of their previous collaborations.

As the release date for “Bhooth Bangla be a significant highlight in the upcoming entertainment lineup. The reunion of Akshay Kumar, Priyadarshan, and Paresh Rawal, combined with the intriguing premise and the playful BTS moments, has set high expectations among audiences. Fans can look forward to a cinematic experience that promises both chills and chuckles.

For a visual glimpse into the making of “Bhooth Bangla,” you can watch the following video Akshay Kumar expressed his gratitude as they once again united for their upcoming movie Bhooth Bangla. This marks a new chapter in their long-standing collaboration since the 2000s. He shared a picture from behind the scenes of their new movie, where it seems like they are laughing about something.

Akshay wrote,”Happy Birthday, Priyan Sir! What better way to celebrate than by spending the day on a haunted set, surrounded by ghosts…both real and unpaid extras? Thank you for being a mentor, and the only person who can make chaos look like a masterpiece. May your day be filled with fewer retakes. Wishing you a fantastic year ahead!”

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