BIDEN’S CLIMATE HYPOCRISY
Today, President Biden gave a speech touting last year’s reckless tax and spend spree as the “most significant climate investment ever anywhere in the world.”
Biden is right about investments anywhere in the world. Senate Democrats’ $739 billion tax and climate spending package has benefitted Communist China. The Wall Street Journal explains, “At least 10 of the projects representing nearly $8 billion in investments included in the Journal’s analysis involve companies either based in China or with substantial ties to China.”
Senator John Barrasso (R-WY) penned an op-ed earlier this week calling out Biden’s climate hypocrisy when it comes to China:
“When it comes to climate change, this administration is willing to suffer any humiliation to get China to pretend it agrees with Biden’s radical green agenda […] The Biden-Kerry climate agenda is eliminating one of America’s biggest geopolitical advantages – affordable, abundant, reliable energy. Meanwhile, China is growing its economy with no regard to emissions.”
President Biden needs to focus on unleashing American energy.
Democrats’ Reckless Spending is Hurting American Workers and Helping China
U.S. Senate Republican Leader Mitch McConnell (R-KY) delivered the following remarks today on the Senate floor regarding Democrats’ reckless spending:
“Yesterday, Senate Democrats celebrated the approaching anniversary of their reckless taxing and spending spree. As the Democratic Leader put it, ‘this legislation is paying huge dividends.’
“Well, he’s right about that much.
“But the windfalls from this deluge of liberal spending are headed to all the wrong places.
“Last year, Mr. President, Senate Republicans warned anyone who would listen about the dangers of our colleagues’ plan.
“We explained how green slush funds dreamed up by left-wing activists wouldn’t bring on the American industrial renaissance Democrats were claiming it would.
“How half-baked climate schemes that relied on Chinese components and raw materials would give American workers and job creators the short end of the stick.
“And how crucial industries would face even heavier reliance on foreign supply chains.
“But Washington Democrats paid these warnings no mind. They rammed through their radical spending on party lines.
“Afterward, the senior Senator for West Virginia boasted that he, ‘did it to help America.’
“The senior Senator for Montana said he, ‘look(s) forward to seeing the benefits of that bill.’
“And President Biden summed up their action by saying, ‘We’re going to invest in America again… That’s been my economic vision.’
“Well, it’s now crystal clear:
“Either Democrats didn’t know what their own bill was actually designed to do…
“Or they knew exactly what it would do, and decided to sell out American workers and job creators.
“Here’s the inconvenient – and dangerous – truth.
“Of the $110 billion this scheme has spent on green projects so far, foreign companies are involved in over 60% of it.
“In fact, foreign entities have their hand in fifteen of the twenty biggest projects receiving money from the bill.
“And a full $8 billion is benefiting companies either based in – or with significant ties to – the People’s Republic of China.
“Over a hundred billion dollars in left-wing spending, and the majority of has some tie to foreign countries, including America’s biggest strategic adversary.
“Mr. President, our Democratic colleagues sold their reckless spending spree as a ‘Made in America’ investment.
“But the only thing it appears to be making in America is a mess.”
Supporting U.S. Forces, Allies Means Investing In Defense Production
U.S. Senate Republican Leader Mitch McConnell (R-KY) delivered the following remarks today on the Senate floor regarding national defense:
“Almost two years ago, the United States took an important step toward deeper cooperation with two of our closest friends – Australia and the United Kingdom.
“The AUKUS agreement promises to equip our Australian allies with cutting-edge U.S. attack submarines to help deter aggression in the Indo-Pacific and clear the way for closer collaboration between all three nations on advanced defense technologies.
“Like Ranking Member Wicker, Vice Chair Collins and many other colleagues on both sides of the aisle, I’ve been supportive of this important effort. Out-competing China is going to take a coalition of committed allies and partners.
“Senate Republicans want AUKUS to be more than just a talking point or a one-time summit deliverable. We want it to be an enduring contribution to our collective security and a major expansion of defense cooperation with our closest allies.
“But standing in the way of the historic opportunity AUKUS is the same persistent roadblock holding back our other efforts at military modernization. President Biden’s defense budget requests grossly underestimate what’s required to meet the challenges his own National Defense Strategy identifies.
“If we’re serious about deterring conflict in the Indo-Pacific, we must address America’s aging attack submarine fleet.
“Senior military leaders say they need 66 attack submarines to carry out necessary missions. But the Navy currently operates 49.
“Right now, our defense industrial base produces 1.2 new submarines a year.
“But the Department of Defense will need it to double production capacity just to avoid further reductions in the fleet.
“Our allies’ significant investments in shipbuilding are welcome steps that will improve our mutual security. But if the United States doesn’t increase our own shipbuilding capacity and production rate, we’ll both fall behind as China erodes our key advantage in the undersea domain.
“As Ranking Member Wicker has pointed out, that means funding for more attack submarines and concrete investments in the production lines that will help us meet our goals.
“If the Administration is serious about making AUKUS a success, it should work with Congress this fall to make urgent supplemental investments in meeting military requirements in the Indo-Pacific.
“Importantly, the Administration should also prioritize removing barriers in the technology transfer process that prevent more effective long-term cooperation with our closest allies.
“The reforms laid out in Pillar Two of AUKUS are essential not just for putting more cutting-edge U.S. technology in the Indo-Pacific, but also for tapping into our allies’ own technological advances and industrial bases.
“If we’re serious about building secure high-tech supply chains, we should go further to shore up this critical pillar of AUKUS and lower barriers to cooperation with our closest allies. As I’ve said before, for the purposes of defense technology cooperation, we should treat Australia and the United Kingdom like we treat Canada.
“Today, I joined Ranking Member Wicker, Vice Chair Collins, and several of our colleagues in making this case to President Biden. I hope and expect that the Administration will recognize the need to invest further in our capacity to counter growing threats in the Indo-Pacific.
“And for our part, I expect the Senate to continue our work to provide for the common defense in earnest.”
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