Conferees met yesterday for the first time to discuss strengthening American competitiveness, beating China, and finding a compromise between the Senate’s United States Innovation and Competition (USICA) and the House’s U.S. Innovation and Competition (COMPETES) Acts of 2021. House Energy and Commerce Republicans urged members to prioritize removing burdensome tax, regulatory, and permitting barriers, which pose significant challenges to competitiveness and security.
Energy and Commerce Committee Republican Leader Cathy McMorris Rodgers (R-WA) is leading on calling for lifting tax burdens and removing costly regulatory and permitting barriers that are hampering American industries and their ability to innovate—especially those that pose significant challenges to American energy competitiveness and security.
Here are more highlights from her and E&C members on the conference committee from yesterday’s meeting.
China is the greatest threat facing America today. But we cannot beat them with record high spending and more regulatory barriers that hurt competition.
We need to ease regulatory burdens, unleash innovation, secure supply chains, & ensure jobs are created in America. pic.twitter.com/V9SsNH5Vin
— CathyMcMorrisRodgers (@cathymcmorris) May 12, 2022
“China is the greatest threat facing America today. The CCP tries to compete with the U.S. and other economies using any means necessary.
“They do not adhere to free market principles or the highest labor and environmental standards that we have here in America.
“This is not a model America should be inspired by or embrace. We cannot beat the CCP at their own game.
“To win the future, we need a reliable regulatory and permitting environment that unleashes innovation, secures our supply chains, and ensures American companies are retaining and expanding jobs at home in the U.S.
“Lifting these barriers must be central to this legislation if we want to secure American leadership and beat China.” – E&C Republican Leader Rodgers (R-WA)
Today, I met with my fellow conferees to find a compromise between the Senate’s USICA legislation and the House’s America COMPETES Act. It is critical that we work together to help negotiate a bill that ensures we remain the world’s leader in innovation. https://t.co/ANX9SH8nde pic.twitter.com/87WhKljJsD
— Larry Bucshon, MD (@RepLarryBucshon) May 13, 2022
“[This bill] should be about making sure the Chinese Communist Party never has the opportunity to play on the same field as the United States.
“It troubles me that our own government, the government of free market principles and competitiveness, is resulting to picking winners and losers through government subsidies rather than promoting innovation and allowing for competitiveness.
“There isn’t a corner of America that isn’t feeling the hardships from the supply chain woes and the high costs of living. If we truly want to stay competitive, let’s focus on maximizing the use of the abundant resources we have here at home.
“Let’s focus on America.” – Rep. Larry Bucshon (R-IN)
“The world is less safe under China’s influence.
“In addition to promoting the ideals of freedom and democracy, the United States must stop relying on this foreign adversary for manufacturing.
“I intend to fight for increased domestic manufacturing in this conference along with finding ways to reduce the barriers to growth that come with unnecessary permitting and burdensome regulations.
“In addition to chip manufacturing I intend to highlight issues such as ensuring that Americans have a constant stockpile of essential medicines… we need to ensure our medical supply chains are secure.” – Rep. Buddy Carter (R-GA)
“If you want to get serious about American competitiveness, you have to get serious about one of the most important legacies of the Trump Administration—that the Biden Administration has been fighting against since day one—and that’s reestablishing American energy dominance.
“I want this to be a serious negotiation that actually focuses on the problems at hand for our manufacturers.
“Republicans stand ready with actual policy solutions that will make this a better bill and move us towards the goal of beating China. For that to happen, the Democrats on this committee are going to have to abandon their overregulating tax and spend government agenda.” – Rep. Jeff Duncan (R-SC)
“If we spend the proposed 52 billion on semiconductors, but also fail to increase their domestic supply, we will still fail to compete with China all while putting inflationary pressures on our economy.
“We avoid that by looking at the chip shortage holistically and specifically taking into account the materials necessary to make chips in the first place. Making chips requires materials that are expensive to produce and hard to come by.
“According to the White House, in their review of supply chain, it takes hundreds of fluorinated chemicals and dozens of different gases. In this review they go on to say what I haven’t heard mentioned here today, which is that looming EPA regulations are the biggest barrier to making semiconductors here at home.” – Rep. Dan Crenshaw (R-TX)