House votes to spend tens of billions to compete with China in manufacturing

Biden and Pelosi praise the passage of the House COMPETES act which will invest billions into semiconductor manufacturing to take on China's economic dominance

The House on Friday passed sweeping legislation that will invest billions of dollars into American manufacturing and scientific research in a bid to take on China's growing economic dominance.

The bill was approved along party lines, 222-210.

One Democrat, Rep. Stephanie Murphy, voted against the bill, saying in a statement she objected to "problematic, poorly-vetted provisions" relating to trade.

Republican Rep. Adam Kinzinger was the sole Republican to vote "yes" with Democrats.