Every time we get a foreign military sale, that builds the defense infrastructure here in the United States.
Brad Sherman
The Public Record
Brad Sherman is an American politician serving as a member of the United States House of Representatives from California's 30th congressional district since 1997. A member of the Democratic Party, Sherman has focused on various issues including financial regulation, foreign policy, and technology. He has been an advocate for consumer protection and has worked on legislation related to economic stability and national security. Throughout his tenure, he has participated in numerous congressional committees and has been involved in significant legislative efforts.
We have a process for approving foreign military sales. And often, that process is slow, and we have had discussions in this committee for over 20 years on that.
Burden-sharing comes up. We like to say that we are only doing 3.5 percent. We mislead the American people when we say that. It is well over 4 percent.
Tariffs are really the only across-the-board way that we can disentangle our economy, and disentangling is so important because right now China does not need to hire a lobbying firm here in Washington.
It is unacceptable for the CCP to limit Americans' free speech and even more unacceptable that the CCP can do it without consequences.
If we had a 1/4 percent tariff--just 1/4 percent tariff--on all Chinese goods, and we increased it by 1/4 percent every month, then companies that fail to disengage from China would find a--they would be at a 40 percent disadvantage by the…
Can any witness here--raise your hand if you think you can put forward an argument why we provide this capital gains allowance to those who invest in the equity securities of Chinese-based companies?





