Thaddeus G. McCotter expresses his concerns about the U. S. Congress and corporations working with the People's Republic of China (PRC), highlighting issues that undermine American national security.
• McCotter feels both support and disappointment regarding Steve Cortes’s recent article on preventing U. S. tax credits from benefitting Chinese companies.
• He emphasizes the dangers of allowing Chinese companies to access U. S. markets, which could compromise national security through potential espionage and financial support to a repressive regime.
• Cortes points out that a recent tax bill (the "Big Beautiful Bill") fails to close loopholes that allow Chinese firms to access significant U. S. tax credits, specifically the 45X Advanced Manufacturing Production Credit.
• McCotter agrees with Cortes’s proposal that the Senate should prohibit tax credits for companies connected to the PRC and limit their intrusion into the U. S. industrial base.
• There is worry about whether Congress will act to protect American interests against China’s technological dominance, suggesting that taxpayers might end up financing their adversary.
• McCotter notes historical problems in Michigan and other Democratic-controlled states where partnerships with Chinese firms led to security threats due to the Inflation Reduction Act.
• Both parties, despite their rhetoric, have shown a tendency to prioritize corporate profits over national security, failing to curb the PRC's influence.
• The article discusses how corporations and politicians continue to collude with the PRC, despite public awareness of the risks.
• McCotter monitors congressional actions, believing that the politicians are not committed to protecting Americans from China, focusing instead on election gains.
• He warns that the political maneuvering could obscure the real dangers posed by the PRC.
McCotter's analysis indicates a troubling pattern of congressional and corporate collaboration with China that jeopardizes U. S. security. He calls for more decisive action to prevent financial support to the PRC and remains skeptical about politicians' intentions. The ongoing challenge emphasizes the need for vigilance in national security matters concerning foreign entities.
https://amgreatness.com/2025/05/31/on-congressional-and-corporate-collusion-with-the-prc/
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