Schrier, Newhouse Weigh in on America COMPETES Act

“The America COMPETES Act is moving on to the U.S. Senate after passing out of the House of Representatives last week along mostly party lines.

The legislation aims in part to repair supply chain issues and decrease America’s dependence on foreign markets for critical products, all part of an overall effort to outcompete countries like China.

'Look the way that we out-compete China is by bringing manufacturing home here.' said Schrier, 'We have the best and the brightest and the best educational institutions. If we can use our brain power and put it together with manufacturing, that is how we out-compete China.'"