There is a difference between strategic or technical default and default where you really don't have the economy to support the spending. We are not at that point yet. We could be. We could be, like some European nations.
Charles BassThe U.S. government knew that China wanted to acquire sensitive U.S. technology, and instead of implementing a policy to prevent them from acquiring the information, the government all but gave them an invitation to take our equipment and designs.
Charles BassAs a member of the House Select Committee on Intelligence, I will be participating in several hearings on the startling revelations contained in the report.
Charles BassThe Cox Committee found that the Chinese military acquired many of the technologies over the past seven years, although many of them had been targeted for acquisition for more than a quarter century.
Charles Bass