What is the official ID of this bill?
The official print number for this legislation is HR 9512.
National Development Strategy: Strengthening US Economy and Security
This act establishes a new national development strategy aimed at strengthening American manufacturing and supply chains. It means increased investments in key industries, job creation, and protection against foreign threats. The goal is to ensure the United States remains a leader in innovation and manufacturing, which can lead to economic stability and product availability for citizens.
Key points
Establishment of a special committee to coordinate investments in key economic sectors, such as manufacturing and technology.
Financial support for projects strengthening national security and economic independence, with a prohibition on cooperation with entities from countries deemed a concern.
Allocation of billions of dollars for investments in innovative technologies and industrial development in the US, potentially creating new jobs.
Introduction of mechanisms to protect intellectual property and prevent its transfer to countries of concern.
Status:
Expired
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