What is the Competes Act?: A $325 billion bill aimed at investing in domestic research and manufacturing to make the United States more competitive globally. It includes $45 billion in grants and loans to increase U.S. manufacturing of other key technology components to clear the supply chain.
Rep. Chris Stewart says the bill should have been bipartisan, but wasn't.
“(House Speaker Nancy Pelosi, D-Calif.) includes things in this that she knows that we’re going to vote against, and she’s doing it for political reasons so she can point the finger at Republicans and say, ‘Look, they’re not working with us. They’re not serious about this.’ It’s just not true,” Stewart said.
Rep. Burgess Owens says the bill doesn't hold China accountable for for its “cover up” of COVID-19, human trafficking, torture and forced sterilization.
“This should be called the America Concedes Act, no question,” Owens said.
Read more from Dennis Romboy.
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