End Chinese Dominance of Electric Vehicles in America Act of 2024

Floor Speech

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Ms. TENNEY. Madam Speaker, I thank the chairman for clarifying some of those very important facts.

I rise in strong support of Congresswoman Carol Miller's H.R. 7980, the End Chinese Dominance of Electric Vehicles in America Act, which I was pleased to support when it passed out of the Ways and Means Committee this April.

The bill addresses a significant oversight in the implementation of electric vehicle subsidies under the so-called Inflation Reduction Act. Let's also call it the Green New Deal, as many Democrats called it before it was even passed and signed into law.

Carol Miller's bill, H.R. 7980, ensures that taxpayer dollars aren't used to subsidize the Chinese Communist Party, as they are in the Democrat's Green New Deal. The Biden-Harris administration failed in its implementation and opened the door for Chinese state enterprises to exploit these subsidies, undermining our national security and our economic interests all across the Nation.

The Treasury's lenient regulations enable individuals and companies with indirect ties to the Chinese Communist Party to access our taxpayer-funded subsidies meant for American innovation and jobs in American businesses.

This bill, Carol Miller's bill, closes two critical loopholes.

First, the billionaire loophole, which allows wealthy Chinese businessowners to benefit from U.S. tax credits if they invest in American EV projects, will be eliminated under Carol Miller's bill.

Second, the Chinese manufacturing loophole will be closed, stopping China and the Chinese Communist Party from using its dominance in the battery supply chain to qualify for electric vehicle credits.

By supporting this bill, we take an important step in safeguarding American manufacturers, closing loopholes that benefit our adversaries, and standing firm against the Chinese Communist Party's influence and ability to dominate the American market.

It is time for Congress to address the issues created by the Biden- Harris administration and keep American tax dollars out of the hands of the Chinese Communist Party.

Madam Speaker, I urge my colleagues to support this vital act to safeguard American taxpayers, American innovation, and workers in America and stand up for American innovation and technological independence.

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