Washington is spending billions of your tax {dollars} yearly to hypothetically obtain technological dominance over Communist China, however the final beneficiary of that effort may be the CCP.
That’s the surprising conclusion of a Division of Protection (DoD) evaluation that discovered China was stealing know-how developed within the U.S. by exploiting the Small Enterprise Innovation Analysis (SBIR) and Small Enterprise Expertise Switch (STTR) packages. The report explicitly states, “China, not the U.S., is the final word beneficiary of DoD and different [U. S. Government] analysis investments.”
That is the way it works: American firms receiving taxpayer help for know-how improvement from DoD and different businesses are recruited by China to proceed their work at establishments related to China’s army, the Folks’s Liberation Military. The U.S. firm is then dissolved and the analysis and mental property paid for with U.S. tax {dollars} is transferred to a subsidiary in China.
Identical to that, American-made ingenuity is shipped abroad to our main adversary, and we, the American taxpayers, are funding it!
This isn’t simply one other case of mental property theft. This ongoing scheme has nationwide and financial safety implications in keeping with the Pentagon.
A researcher and the co-founders of a now-dissolved firm that obtained 4 grants to develop know-how for spacecraft and drones, for instance, had been allegedly recruited by the Chinese language authorities and now work for establishments affiliated with the communist regime’s protection company.
Tens of hundreds of thousands of your tax {dollars} had been spent on the event of different applied sciences, together with broadband, biohazard detectors, photo voltaic vitality, designs for army units, and prescription drugs, that had been all transferred to China.
In an effort to finish this madness, I gave my September 2022 Squeal Award to all the authorities businesses which have allowed these double-crossing firms to take your cash and run off to China with the breakthroughs that rightfully belong to the U.S.
I additionally launched bipartisan laws, that swiftly handed the Senate unanimously final week and the Home simply yesterday, that may require authorities businesses to do background checks on companies in search of federal help whereas having ties to overseas nations of concern like China. The invoice permits the businesses to take again taxpayer {dollars} from any enterprise discovered to be a threat to U.S. nationwide safety. And I’m thrilled to report, this invoice was signed into legislation by the president at present.
Irrespective of how a lot of your cash Washington spends to “win” the worldwide tech race, we are going to by no means win by surrendering American-made innovation and subsidizing our adversaries. This cycle will proceed till these grant packages are each required and empowered to carry unscrupulous recipients of taxpayer funds accountable for promoting out to China. Fortunately, the brand new legislation I helped make will put an finish to this cycle!
Click on right here or on the picture above for an official portrait of Senator Ernst.
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