Claudia Tenney: “I thank the chairman for clarifying some of those very important facts. I rise in strong support of Congresswoman Carol…”

“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.…”