Manufacturers push back on reconciliation, urge passage of China bill ...Middle East

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Manufacturers push back on reconciliation, urge passage of China bill
The National Association of Manufacturers (NAM) is pushing senators to reject a reconciliation package that would lower drug prices and raise taxes on high earners and renew their focus on the bipartisan bill to boost U.S. competitiveness with China. “There is absolutely no reason to delay or derail legislation that has earned bipartisan support and would support American manufacturing workers for decades to come. The longer we wait, the further behind we fall,” NAM president and CEO Jay Timmons wrote in a letter to congressional leaders and President Biden Monday. The letter comes after Senate Minority Leader Mitch McConnell (R-Ky.) threatened to block the Bipartisan Innovation Act

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