D.C. Doesn’t Just Spend Too Much Money, It Spends On The Wrong Things

Can you imagine China, Russia, or Iran spending trillions of dollars to remove any fraction of the carbon dioxide they’re pumping into the air?

Horowitz: Semiconductor companies just got billions from Congress. Now they want to hire foreign workers.



Republicans are all unanimous in their opposition to the reconciliation “Build Back Better” bill, but Mitch McConnell and 16 other Senate Republicans voted for the mini BBB bill, dumping billions of dollars into companies that have created a brain gain for China’s trade theft to drain our supply chains. Not only did McConnell agree to the bill despite the refusal of Democrats to entertain amendments ensuring that the jobs stay in America, but now these same companies are turning around and demanding more foreign workers to hire.

“In the near-term, the U.S. educational system does not produce enough Americans with the required qualifications to meet the demand of companies, not just in the semiconductor industry, but across the technical sector,” the HR officers of nine semiconductor companies wrote in a letter to congressional leaders. The nine companies were: Advanced Micro Devices, Inc.; Ampere Computing; ASML US; Broadcom Inc.; Americas Global Foundries; Infineon Technologies; Americas Corp.; Intel Corporation; Samsung Semiconductor, Inc.; and Texas Instruments Incorporated.

These companies are trying to take our money and pour gasoline on our supply chain fire by hiring more Chinese and Indian nationals. How do you think China has us by the neck when it comes to our industrial base? China flooded our country with foreign students and green card recipients for decades. Some of them were terrific people, but many of them went back and shared the knowledge they learned at our universities and companies and grew China’s industrial base. This is how China has been able to develop an army of people with American expertise to then work for these American or Chinese companies for a cheaper price overseas.

According to a bipartisan Senate Homeland Security subcommittee report, there are 10,000 Chinese nationals conducting research in the Department of Energy’s National Labs. The report found that agencies and departments conducting scientific research like the National Institutes of Health and the State Department do not “systematically track visa applicants linked to China’s talent recruitment plans.”

The report found that foreign-born researchers working for various U.S. scientific research agencies were being paid by China under the Thousand Talents Plan run by the communist government. It concludes, “American taxpayer funded research has contributed to China’s global rise over the last 20 years” because it allowed China to go “from brain drain to brain gain.”

The endless supply of Chinese visa holders has served as this conduit for China’s brain gain. Now, these same companies that lobbied for a bill touted as shoring up America’s control over production of chips are trying to use the money to hire foreign nationals. Given our immigration trends, they will likely be Chinese and Indians.

Massive corporations lobbying for endless corporate welfare along with visa pork is what has demographically gerrymandered the American worker out of entire industries and what has ultimately led to China’s gain and our drain. The pipeline begins with F-1 student visas. In the case of foreign students, it’s really the god of public education, which is being subsidized happily by the Chinese. The universities get cash from the Chinese government, while the Chinese get operatives and intelligence officers into the country to work in academic fields and occupations. The rest of the American people lose. We bring in roughly 369,548 Chinese foreign students a year, together with 80,000 more on immigrant visas. In other words, there are about as many Chinese students in the U.S. as the entire university enrollment in the state of Maryland.

Noted right-wing outlet CNN reported in 2019, "The sheer size of the Chinese student population at U.S. universities presents a major challenge for law enforcement and intelligence agencies tasked with striking the necessary balance between protecting America's open academic environment and mitigating the risk to national security." Yet these tech companies think we are not bringing in enough Chinese immigrants. The director of national intelligence warned, "China's intelligence services will exploit the openness of American society, especially academia and the scientific community, using a variety of means."

Thus, this chips bill, as predicted, will wind up helping China rather than countering it. McConnell still supported the bill even after Democrats rejected the inclusion of provisions sponsored by Sen. Rob Portman that would have barred the semiconductor companies from manufacturing in China and would have barred entry of those suspected of coming here to spy on our sensitive technology. The lobbyists worked assiduously to block amendments for more security.

These same greedy companies will use the corporate welfare to hire foreign workers who they know will work for lower pay. Democrats already inserted into the bipartisan defense authorization bill a provision that allows 200,000 adult children of visa holders to inherent the residency status of their parents who hold temporary worker visas, which will further drive down wages of entry-level jobs.

Indeed, corporate welfare mixed with endless visa pork has destroyed our sovereignty as citizens and has sold us out to transnational corporations that now have us over the barrel. Naturally, Congress will aggravate the very variables that got us into this mess.

3 Big Blunders Showing Mitch McConnell Isn’t The Legislative Genius He Thinks He Is

Schumer has out-maneuvered McConnell on all three of these key legislative packages during the 117th Congress.

Horowitz: McConnell helps Dems pass $280 billion Big Tech corporate welfare bill. Schumer betrays him in return.



Few people in America were following the passage of the $280 billion handout for huge chip manufactures and the 5G industry, but the politics surrounding the bill, as well as the bill itself, perfectly exemplify the “uniparty” dynamic. To begin with, GOP leadership had no problem with this corporate welfare bill and worked together to craft it. However, McConnell promised to hold up the bill unless the Democrats committed to forgoing budget reconciliation, a process through which they can pass liberal priorities without the need for 60 votes. Well, McConnell and 17 other Republican senators eagerly provided the votes for the “chips-plus bill,” and Schumer responded by announcing his plans to pass budget reconciliation to remake our economy!

Leftists love over-taxing and over-regulating certain businesses while granting endless corporate welfare to other industries in order to create transnational monopolies. The semiconductor and 5G industries embody everything conservatives are worried about with the corporate masters – ties to China, privacy concerns, health concerns, outsourcing American jobs, creating monopolies, and funding woke global corporations that hate our values and use the funding as well as the technology against our best interests.

In comes the “chips and science” bill (HR 4346), a $280 billion package for the science and tech cartels that includes $54 billion in five-year grants for manufacturing and design of semiconductors and 5G wireless deployment, plus $24 billion in tax credits for new semiconductor manufacturing facilities through 2026 and funding authorizations to bolster U.S. scientific research. These are some of the wokest and wealthiest companies. Intel, which aggressively lobbied for the bill, already earned $79 billion in revenue last year. Yet 17 Republicans, including Leader McConnell, joined every Democrat sans Bernie Sanders and voted for this earth-shattering and expensive bill with lightning speed.

Even if one agrees there is a need to somehow pick winners and losers, we should have at least secured provisions ensuring that China can’t steal our technology, that the jobs and supply chain remain here in the United States, and that these companies can’t promote wokeness, and we should have addressed oversight issues of privacy and health concerns with 5G. Rather than addressing the insane regulatory burden that has broken our domestic supply chains, this bill will further incentivize and invest in the current globalist system that sells out America to China. Absent large-scale policy reforms, more funding of supposed “American” tech giants is tantamount to funding China. The GOP’s answer to everything we don’t like is to add more spending to it.


To make matters worse, in the final days, the bill added hundreds of pages and hundreds of billions of dollars to fund the broken “science” agencies that should be shuttered. This includes a five-year $102 billion authorization for the National Science Foundation, Commerce Department, and National Institute of Standards and Technology to increase investments, which represents a $52 billion increase in baseline spending of these bloated and unnecessary agencies. It also includes billions of extra funding for “basic energy sciences” and “environmental sciences.” It appears that McConnell and company still “trust the science.”

In other words, even in the minority under a very radical and unpopular Democrat regime, Republicans think that the base spending bills weren’t enough and desire to increase funding for everything that is wrong with government. Republicans will wax poetic today about inflation, yet when it came to the issues that mattered – COVID, Ukraine, and now a massive Big Tech bill – they not only fail to filibuster big budget bills, but they will even vote for new massive spending bills while in the minority. At least in the past they used to be righteous in the minority and screwed conservatives only after winning elections.

Although there are some House Democrats who are at least consistent in their hate for big business and will oppose this corporate welfare, Republicans plan to supply the votes.

\u201cA source on Capitol Hill tells me 10 Democrats are opposed to CHIPS\u2026\n\nBut 38 House GOP plan to vote yes & put this bill over the top. \n\nEven before the reconciliation announcement, @club4growth @Heritage_Action @FreedomWorks @AFPAction @taxreformer @NTU & others were opposed.\u201d
— Scott T. Parkinson (@Scott T. Parkinson) 1658964349

This is part of a broader betrayal of passing red-flag laws, flirting with gay marriage, and passing an NDAA funding the woke and broke military that is mandating the shots on soldiers.

To add insult to injury, McConnell originally promised that if Democrats didn’t give up on plans to pass budget reconciliation, he would block passage of the chips bill. A budget reconciliation bill is the only maneuver by which Democrats could attempt to ram through a transcendent policy change without facing a filibuster, assuming they keep every Democrat senator in line. Yet McConnell then votes for the bill, and within hours of its passage yesterday, Senate Majority Leader Chuck Schumer announced plans to pursue a reconciliation resolution.

After months of a stalemate with Senator Joe Manchin, Schumer announced plans to pass a $370 billion “climate and energy” bill, funding the Great Reset, three years of subsidies for the health care cartel under Obamacare, and more handouts for Big Pharma. They are calling it “the Inflation Reduction Act of 2022” because it purports to pay for the spending with tax increases, and somehow that would reduce inflation.

\u201cNote that McConnell said he would blow up the chips bill if Dems tried to do budget reconciliation pkg for social spending plan. Chips passes. Manchin/Schumer immediately announce agreement on reconciliation measure\u201d
— Chad Pergram (@Chad Pergram) 1658957890

Thus, when Democrats pass that bill next week and all these same McConnell Republicans vote against it, just know that McConnell gave up his leverage and is responsible for that massive tax-and-spend giveaway to woke industries because he agreed to pass another massive corporate welfare bill. Nor do they have any plans to hold up the NDAA or the fiscal year 2023 budget bill when it comes due at the end of September.

But fear not. Spend the next few months campaigning for this same party so that none other than a Majority Leader Mitch McConnell is waiting for you as the reward for your hard work.