OFFICIALS LEGISLATION INTEREST GROUPS PUBLIC STATEMENTS COMMITTEES VETOES

Funding of Foreign Mining

Floor Speech

Date: Jan. 10, 2023
Location: Washington, DC

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Mr. FULCHER. Mr. Speaker, we recently learned that the Biden administration is considering funding mining projects abroad with American tax dollars in order to address our country's mineral supply concerns.

Mr. Speaker, we have seen this movie before: President Biden looks to other countries to meet our country's energy needs while our domestic industries are blocked by unnecessary permitting delays and regulatory uncertainty.

If I may offer a suggestion to both the President and my Democratic colleagues, why not in America?

In my home State of Idaho, we have an abundance of resources, including cobalt, gold, silver, tungsten, and antimony. These resources are necessary for the production of batteries, semiconductors, munitions, and countless other essential products.

Instead of looking at countries with hostile motives against America, like Russia and China, to help us meet our demand for critical minerals, we should strengthen our domestic supply chain by enabling the responsible development of our resources at home.

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