John Cornyn: “last month, the majority leader announced an effort to compile what he called China bill 2.0, alluding to the CHIPS and…”

“last month, the majority leader announced an effort to compile what he called China bill 2.0, alluding to the CHIPS and Science Act that we passed last year dealing with the vulnerability of our supply chains and access to advanced semiconductors, which were overwhelmingly manufactured in Asia--60 percent in Taiwan alone. To pursue this China bill 2.0, Senator Schumer directed committee chairmen to work on legislation that takes aim at everything from U.S. investment in China to security threats against Taiwan. As each of us knows, these are some of the most urgent threats facing the United States and our allies to date. The Chinese Communist Party has become increasingly aggressive in recent years. It is rapidly growing and modernizing its military. It is cozying up to Russia. It is bullying and harassing its neighbors in the Indo-Pacific. Yes, there is a clear and urgent need to counter threats from China, but there is a better way than China 2.0. As we have seen in the past, our Democratic colleagues can't resist the urge to mix partisan politics along with urgent national security legislation. So every one of these bills tends to become a vehicle for unrelated items. We saw this during consideration of the U.S. Innovation and Competition Act 2 years ago, when our colleagues attached prevailing wage legislation to the CHIPS provisions.…”