Rep. Jim Banks (R-IN), Chairman of the Republican Study Committee (RSC), says the Democrats’ China bill is a “massive boondoggle that’s going to help the Chinese” and hurt Americans, making the remarks during an appearance on Breitbart News Saturday.
Banks explained that Democrats are falsely pitching the China bill as a way to better compete with the Chinese Communist Party (CCP), but he said it is innately flawed as it has absolutely no safeguards to prevent the theft of our intellectual property or research.
The problem, Banks said, is the bill does “exactly the opposite of what the Senate Democrat Leader Chuck Schumer’s reporting that it does.”
“They say it would help the United States compete with China. We believe it actually helps China and there are a lot of reasons why,” the Indiana lawmaker explained, referring to it as a “boondoggle spending bill” which spends hundreds