CCP Gotion, CATL, four other Chinese battery companies banned from U.S. military bases – The Midwesterner

Gotion plans an E.V battery facility in Manteno, Illinois. “This ban is a step in the right direction, and we applaud it,” according to a statement from former U.S. ambassadors Peter Hoekstra and Joseph Cella. “Given the aggressive adversarial nature of the PRC and the CCP, we urge lawmakers give this procurement ban immediate effect, extend it to the entire federal government, and investigate why CATL and Gotion can receive tax credits through the [Inflation Reduction Act].... Why are Governor Gretchen Whitmer and Governor J.B. Pritzker handing billions of taxpayer dollars and other subsidies to these PRC-based and CCP-tied manufacturers that President Biden, Congress, and the Pentagon have designated as imperiling America’s supply chain and national security?” they asked.

SIGN UP HERE FOR FREE WIREPOINTS DAILY NEWSLETTER

Home Page Signup
First
Last
Check what you would like to receive:

FOLLOW US

 

WIREPOINTS ORIGINAL STORIES

Mark Glennon on AM560’s Morning Answer: Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades

Chicago’s political leadership is floating a pension buyout program as evidence it is seriously addressing the city’s thirty-six-billion-dollar unfunded pension liability, but Mark Glennon, founder of the Illinois policy research organization Wirepoints, said that the proposal moves debt from one column to another rather than reducing it, and that the broader fiscal picture facing the city continues to deteriorate across every measurable dimension. Audio here.

Read More »

WE’RE A NONPROFIT AND YOUR CONTRIBUTIONS ARE DEDUCTIBLE.

SEARCH ALL HISTORY

CONTACT / TERMS OF USE