Breitbart News has heard reliably that House conservatives in the Republican Study Committee (RSC) will submit a ramped plan to challenge the Chinese government; this marks as a comparison to a far weaker congressional proposal.
The legislative text and extensive analysis of the upcoming proposal (entitled the Combatting Communist China Act) was provided by the office of RSC chairman Rep. Jim Banks, before its official disclosure.
The Bill is in Direct Contradiction to the Recent Passed Democrat Bill
The plan is in direct contrast with a legislature bill, formally known as the Endless Frontier Act but has since received a rebrand called the United States Innovative ideas and Competitors Act.
It has managed to pass the liberal upper chamber of Legislature with 68 votes some many weeks earlier, notwithstanding the serious concerns. It would only benefit the People’s Republic Of China, while its supporters claimed it would be a counter-balance to China.
Chinese officials posts threat to NUKE Japan if 'even one troop' is sent to Taiwan https://t.co/If47INDAdz
— Daily Mail Online (@MailOnline) July 20, 2021
Republicans have no illusions that their bill will pass the liberal legislature or the United States Senate; however, they are trying to introduce it to demonstrate how feeble the liberal bill is.
They also want to compare it with what a genuine anti-China strategy must be organized policy-wise; this is assumedly so when Republicans retake Congress, they can advertise these ideas instead of the weak leftist bill.
The Democrat Bill Falls Way Short
Liberals’ China budget bills fall well short, which is why House Republicans are drafting their own China bill as a model for just how Congress must deal with the Chinese threat. This is according to a memo supplied exclusively to Breitbart News by Banks.
Their law burdens taxpayers while allowing China to get away with it, but our legislation defends taxpayers while holding the Chinese government responsible.
China imposed sanctions on former Commerce Secretary Wilbur Ross and 6 others, in response to recent U.S. actions over Chinese threats to Hong Kong's autonomy https://t.co/PdNtNLufRy
— POLITICO (@politico) July 24, 2021
According to aides engaged in the bill’s drafting, the RSC bill should first and mainly target Chinese Government influence operations within the US, which the Senate bill doesn’t. It would prevent China’s political activities arm, the United Work Development Side, from trying to access American banking firms.
It would also prevent large corporations receiving government grants from growing their operations in China or associating with organizations that do business with the Chinese military.
This would furthermore restrict the National Science Framework from increasing the efficacy to educational institutions that participate in initiatives or work with entities affiliated with the Chinese Government.
The bill would then impose sanctions on international manufacturers that steal American intellectual property and bar those companies from ever doing business with Americans again.
"Experts in elite Chinese politics are warning that in trying to revitalize the CCP, Xi conflated himself with the party so totally he created another threat to its existence: himself." Analysis by @Ben_Westcott https://t.co/9wUrlDvc8R
— CNN (@CNN) July 26, 2021
The legislation is also harshly critical of China’s means of handling the COVID virus; it therefore establishes a special committee to look into the pandemic’s beginnings and scandal by the Chinese communist government.