Majority Leader Schumer Floor Remarks On Vital New Effort To Outcompete the Chinese Communist Party
Washington, D.C. – Senate Majority Leader Chuck Schumer (D-NY) today spoke on the Senate floor on Senate-led efforts to outcompete the Chinese Government and preserve American leadership globally. Below are Senator Schumer’s remarks, which can also be viewed here:
Later today, I will join my colleagues and Committee Chairs at a press conference to talk about the next steps in the Senate’s efforts to outcompete the Chinese government and preserve America’s global leadership in the 21st century.
The Democratic-led Senate has done some important, bipartisan work to outcompete the Chinese Communist Party in the last few years—infrastructure, CHIPS and Science, and the omnibus bill, all did that in some regard. But we all know that we can’t stop there. We have to build on this progress. This work is critical to our national security.
It won’t be enough to outcompete the Xi Regime in any single area—we must be ready to compete with all of them on all these fronts. And that will require more comprehensive and bipartisan legislation.
We must not aid and abet the Chinese Government’s development of advanced technologies—like microchips, 5G, AI, quantum computing, and more—that will shape the course of this century.
We must limit investment capital from flowing to the Xi Regime, the Chinese Government and prevent them from taking advantage of America’s critical assets.
We must continue investing in our workforce and other key technology areas that drive American innovation.
And we must strengthen our economic and military alliances and partnerships around the world to constrain Chinese potential aggression.
The Chinese government is not constraining itself in its pursuit to dominate the 21st century, and if we in America were to rest on our laurels, if we let the CCP beat us, it would have serious consequences for the world’s democratic nations.
The United States cannot afford to cede its leadership to governments opposed to democracy and individual liberty. We cannot let authoritarianism call the shots in the 21st century.
So that’s why this bipartisan effort in the Senate will be so important. The Senate has already shown that both sides are capable of working together on this most important issue, and I thank my colleagues who will join me at our press conference later this afternoon.
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