The Senate Wednesday passed a bill aimed at increasing U.S. competition with China by a 64-33 vote, sending the $250 billion measure to the House of Representatives.

The bill, officially called the CHIPS Act of 2022, cleared a 60-vote cloture hurdle Tuesday, setting it on course to easily pass Wednesday. House Speaker Nancy Pelosi, D-Calif., has said she plans to take up the bill quickly and send it to President Biden's desk. 

The Senate on Wednesday approved a sweeping package aimed at boosting domestic production of computer chips and helping the United States stay competitive with China.

The 64-33 vote represents a rare bipartisan victory a little more than three months before the crucial November midterms; 17 Republicans joined all Democrats in voting yes. The package, known as “CHIPS-plus,” now heads to the House, which is expected to pass it by the end of the week and send it to President Joe Biden for his signature.

A bill to bolster chip manufacturing and scientific research won Senate approval, setting Congress up to clear a trimmed economic competitiveness package after a more than yearlong push.

The Senate voted 64-33 Wednesday to pass the “chips and science” bill. The House is expected to clear the legislation before leaving town Friday for the August recess, sending it to President Joe Biden for his signature.