Sen. Ron Johnson, R-Wis., says Congress should not try to combat the lingering economic threat China has become, with legislation allocating money the country doesn’t have.
Johnson told “Spicer & Co.” “my problem with this bill is that once again, the first thought on just about everybody’s mind here in Washington DC, in terms of how do you fix the problem is you throw money at it, and so I just don’t believe that spending close to one quarter of a trillion dollars of money that we don’t have, further mortgaging or children’s future, is going to solve the problem.”
The Senate on Tuesday passed 68-32, an expansive bill called the “Innovation and Competition Act,” which is aimed at reinvigorating America’s technological footprint to counter China. The bill now heads to the House, where it faces a competing bill and somewhat cloudy future, reported USA Today.
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