WASHINGTON, DC – Today, Congressman Scott Fitzgerald (WI-05) issued the following statement after voting “NO” on H.R. 2617:
“The American people sent a message by electing a Republican majority in the House. It’s time for fiscal responsibility and pro-growth policies that will restore economic strength, said Congressman Scott Fitzgerald. While I am pleased language from my bill to allow antitrust regulators to follow the money when countries like China distort markets and harm competition, the process and substance a last-minute omnibus bill are reckless. To pass a bloated spending bill, just days before the new Congress, gives Democrats the ability to keep their imprudent policies in place well into next year. I voted no.”
The Omnibus included language from the Foreign Merger Subsidy Disclosure Act, a bill introduced by Congressman Fitzgerald that requires merging companies to disclose involvement from state-owned enterprises. The purpose of this bill is to expose China’s use of state-owned enterprises in America to hamper competition.