Sen. Rick Scott rips 'pro-China' chips bill: This is why we have massive debt, inflation

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Sen. Rick Scott rips 'pro-China' chips bill: This is why we have massive debt, inflation
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SPENDAHOLICS: SenRickScott slams Senate's proposed 'pro-China' chip bill.

Florida Republican slams the Senate's new semiconductor legislation telling 'Varney & Co.' the U.S. will see no return on the $52 billion package.

Sen. Rick Scott, R-Fla., slammed the Senate's proposed $52 billion chips bill designed to boost U.S. semiconductor competition with China, telling "SEN. RICK SCOTT:, why we have 9% inflation, why we run deficits because up here, people can't stop spending money. Here is the latest, you'll love this. If you are a company like Intel this is what's going to happen. Intel Corporation made $20 billion last year. Guess what? We are going to give them some money to build a plant.

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