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Search Results: keywords:"economic competitiveness"

  • S. 3631, titled the "Critical Minerals Security Act of 2024," focuses on the management and strategy for critical minerals and rare earth elements worldwide. It requires the Secretary of the Interior, with other federal agencies, to provide detailed biennial reports to...

    Simple Explanation

    S. 3631 is like a rulebook for keeping track of special rocks and metals from around the world that are very important for making things like smartphones and electric cars. It wants the grown-ups in charge to tell everyone where these special rocks are and to work with friendly countries to find better ways to dig them up and make them usable.

  • H.R. 7962, also known as the "United States Trade Leadership in the Indo-Pacific Act," aims to strengthen the United States' economic and trade relationships in the Indo-Pacific region. The bill outlines the need for a comprehensive trade strategy to counter China's growing...

    Simple Explanation

    The United States Trade Leadership in the Indo-Pacific Act is like a plan to help the U.S. be a strong friend and business partner to countries in a faraway region called the Indo-Pacific, making sure American businesses can do well and stay safe from other big countries trying to take charge.

  • S. 5016, titled the “Combat Chinese Economic Aggression Act of 2024,” is a proposal to address economic challenges from the People's Republic of China. The bill seeks to amend existing laws to increase scrutiny of foreign investments that could impact the U.S.’s economic or technological...

    Simple Explanation

    The "Combat Chinese Economic Aggression Act of 2024" is like a big rulebook that tries to stop other countries from taking America’s special ideas and important technology. It wants to make sure the President and others check if these countries are being fair and also tries to make sure America and its friends around the world protect their smart inventions from being shared without permission.

  • H.R. 10359 proposes the establishment of the Immersive Technology Advisory Panel to promote immersive technologies like virtual and augmented reality in the United States. The bill aims to ensure U.S. leadership in this technology by fostering development, establishing...

    Simple Explanation

    H.R. 10359 wants to create a special group to help America be really good at using cool tech like virtual reality and make sure it's safe and fair. This group will also look at how this tech affects important things like money and keeping the country safe.

  • H.R. 7968, also known as the “Opportunities for Non-developed Sites to Have Opportunities to be Rehabilitated for Economic development Act of 2024” or the “ONSHORE Act of 2024,” aims to amend the Public Works and Economic Development Act of 1965 by establishing a grant program for Critical...

    Simple Explanation

    The ONSHORE Act of 2024 wants to give money to places in the U.S. to get ready for making important things, like toys or computer parts, especially in places that need help; it's like the government helping cities and towns build better toy factories so everyone can have more of what they need.

  • H.R. 9320 aims to strengthen the United States' position in global economic competitiveness and technological leadership. The bill calls for the President to develop a national strategy addressing areas such as emerging technologies, supply chain resiliency, and intellectual...

    Simple Explanation

    H.R. 9320 is a plan for the President to come up with ideas to help the United States be the best at technology and business in the world by working with friendly countries and making sure things are fair. The President has to share this plan with Congress every few years.