Bioeconomy Research and Development Act of 2021

Floor Speech

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Mr. FEENSTRA. Mr. Speaker, I thank my friend from Florida for yielding.

China will stop at nothing to try and surpass the United States as the world's greatest superpower, and we have the tools at our disposal to counter this growing threat of the Chinese Communist Party. But this nearly $325 billion bill prioritizes liberal Build Back Better and Green New Deal provisions over real solutions to compete with China.

Mr. Speaker, $8 billion of the so-called America COMPETES Act funds the United Nations' green climate slush fund, which destroys American industry, harms American workers, and prevents us from competing with China on a level playing field. In fact, the U.N. has awarded $100 million from this fund to China.

The House bill leaves out the critical fact that China is our greatest political foe.

It also fails to mention the word ``genocide'' anywhere in describing the CCP's systemic human rights abuses against the ethnic Uyghur population.

Unfortunately, this bill only compounds the damages from the Biden administration's $40 billion giveaway in no-strings-attached IMF money to the CCP last spring. This is wrong.

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