The Chinese Communist Party (CCP) continues to increase scrutiny of Western auditing and consulting firms, including global consulting firm PricewaterhouseCoopers (PwC). Instead of distancing itself from Communist China, PwC has opted to strengthen its relationship...
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ICYMI: Rubio: Biden Is Asleep at the Wheel
Communist China is the biggest threat facing our country and Biden is asleep at the wheel
U.S. Senator Marco Rubio (R-FL)
August 3, 2022
Fox News
“Beijing Biden” is beginning to seem an appropriate nickname…. [T]he president’s policies are helping Beijing far more than Scranton—even as China threatens the U.S. Speaker of the House with military force.
Just look at what is happening in Congress this week. With Biden’s blessing, Senate Democrats will vote to give massive tax breaks for electric batteries, solar panels, and wind turbines manufactured in China. The taxes are part of the Democrats’ so-called “Inflation Reduction Act,” a 725-page boondoggle that will increase taxes by hundreds of billions of dollars in the middle of a recession they created….
Democrats believe America cannot go green without Beijing. And China’s domination of…[renewable energy] industries means Chinese companies—not American businesses—will benefit from the new incentives. What’s more, the plan actually increases taxes on American manufacturers by more than $150 billion….
It also isn’t the first time we’ve seen Biden put climate priorities ahead of America’s economic and national security interests. Last fall, the Biden administration quietly lobbied against my bill to ban products made with slave labor in China…[because] China uses slave labor to produce polysilicon, the essential ingredient in solar panels….
Just last week, Congress passed a $280 billion bill, the CHIPS Act, that…was riddled with loopholes that will benefit China….
Communist China is the biggest threat facing our country, and Biden is asleep at the wheel…. Your tax dollars are going to Beijing, the world’s largest emitter of greenhouse gases—and a regime whose state propagandist just suggested killing Nancy Pelosi—in the name of saving the planet. That means some guys in China and Wall Street are getting rich at your expense, and every single Democrat in Washington is going along with the scheme.
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