Try GOLD - Free
BIDEN: GOP POLICIES WOULD SURRENDER TECH ECONOMY TO CHINA
Techlife News
|Techlife News #596
President Joe Biden said that Republicans’ ideas for cutting the budget could undermine U.S. manufacturing and help China dominate the world economy.
-
Speaking at a semiconductor maker in North Carolina to highlight his own policies, Biden is trying to shape public sentiment as he faces off with House Speaker Kevin McCarthy, R-Calif., about whether the federal government should raise its legal borrowing capacity.
McCarthy sent a letter Tuesday saying that talks should start about possible spending cuts in return for the debt limit increase. Biden has said Republicans need to put forth their own budget plan before negotiations start. Without an agreement, the federal government could default on its financial obligations.
The president tried to ratchet up pressure on Tuesday by saying that the GOP demands on the budget would only empower China, the country’s key geopolitical rival. Being tough on China has been a core part of the identity of former President Donald Trump, who is seeking to return to the White House in 2024, and his Make America Great Again movement. The Democratic president said their objections to his policies would instead strengthen China.
This story is from the Techlife News #596 edition of Techlife News.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Techlife News
Techlife News
INTERSTELLAR COMET 3I/ATLAS REAPPEARS AFTER PASSING BEHIND THE SUN — AND STILL ISN'T AN ALIEN CRAFT
Astronomers have confirmed that 3I/ATLAS, one of only a handful of known interstellar objects to enter our solar system, has reemerged from behind the Sun—its path now clearly visible again after months of observational blackout.
3 mins
November 01, 2025
Techlife News
NVIDIA'S JENSEN HUANG SAYS THE AI BOOM IS REAL, NOT A BUBBLE
As investor enthusiasm for artificial intelligence continues to dominate global markets, questions have begun to surface about whether the current wave of capital and speculation surrounding AI companies has outpaced economic fundamentals.
3 mins
November 01, 2025
Techlife News
CHINA'S NEW FIVE-YEAR PLAN PULLS BACK SUPPORT FOR ELECTRIC VEHICLES AFTER SUBSIDY-DRIVEN EXPANSION
China's latest five-year plan signals a significant recalibration of its industrial priorities, with electric vehicles (EVs)losing the central role they held in previous policy cycles.
3 mins
November 01, 2025
Techlife News
U.S. DEPARTMENT OF ENERGY FORMS $1 BILLION PARTNERSHIP WITH AMD TO DEVELOP SUPERCOMPUTERS FOR AI AND RESEARCH
The U.S. Department of Energy (DOE) has announced a landmark $1 billion collaboration with Advanced Micro Devices (AMD) to design and build two next-generation supercomputers aimed at tackling some of science’s most daunting challenges—ranging from fusion energy and cancer research to national security and advanced artificial intelligence.
4 mins
November 01, 2025
Techlife News
QUALCOMM STOCK SOARS 22% AFTER REVEALING NEW AI MICROCHIP TO RIVAL NVIDIA
Qualcomm's market value surged this week after the company unveiled its most advanced artificial intelligence microchip yet—an architecture designed to challenge Nvidia's dominance in data-center processing and edge computing.
3 mins
November 01, 2025
Techlife News
MUSK'S NEW GROKIPEDIA PLATFORM CRASHES ON LAUNCH DAY AFTER HOSTING NEARLY 900,000 ARTICLES
Elon Musk’s latest digital project, Grokipedia, experienced a full system outage within hours of its launch this week after its servers were overwhelmed by traffic and database activity.
3 mins
November 01, 2025
Techlife News
Air vs Pro: ELEGANCE & POWER COLLIDE IN THE MOST ADVANCED IPHONE LINEUP EVER RELEASED
Apple's iPhone lineup continues to set the benchmark for innovation, blending cutting-edge technology with seamless user experiences.
6 mins
November 01, 2025
Techlife News
APPLE PLANS MAJOR OLED EXPANSION FOR FUTURE IPAD AND MACBOOK MODELS
Apple is preparing to bring OLED display technology across its iPad and MacBook lineups, marking one of the most significant shifts in the company's display strategy since the introduction of Retina screens more than a decade ago.
4 mins
November 01, 2025
Techlife News
TIKTOK, TRADE, AND LEVERAGE: WHY THE DIVEST-OR-BAN FIGHT WON'T STAY CONTAINED
TikTok’s U.S. future has become a proxy battle over how Washington and Beijing intend to manage digital power.
4 mins
November 01, 2025
Techlife News
NVIDIA EXPANDS AUTONOMOUS DRIVING PUSH WITH UBER, STELLANTIS, LUCID, AND MERCEDES-BENZ PARTNERSHIPS
Nvidia has unveiled a sweeping new set of collaborations with Uber, Stellantis, Lucid, and Mercedes-Benz to accelerate the deployment of autonomous driving systems and AI-based mobility services.
3 mins
November 01, 2025
Translate
Change font size