Thornberry wants $6 billion this year to launch counter-China fund

https://www.defensenews.com/congress/2020/04/16/thornberry-wants-6-billion-this-year-to-launch-counter-china-fund/?fbclid=IwAR08QGCKt94Q4LIBS0g1tgcm34StZO-vKJFsgw-ncDghC-tJ45HbnjNjZ2g

The top Republican on the House Armed Services Committee will release a proposal Thursday to formally create a new fund to counter Chinese actions in the Pacific, Defense News has learned.

Rep. Mac Thornberry, R-Texas, is calling for the creation of an Indo-Pacific Deterrence Initiative (IPDI), with a $6.09 billion invest in fiscal year 2021. The fund would be based on the European Deterrence Initiative, a special DoD fund for projects focused on deterring Russia that was set up in the wake of the annexation of Crimea.

Mac Thornberry will not run for reelection in Texas' 13th District ...

“The Indo-Pacific has been called our highest priority theater and I believe that is true. It is time to put our money where our mouth is,” Thornberry told Defense News. “This effort consolidates and funds the policies, infrastructure, and platforms needed to reassure our allies and partners while we deter China. It also serves as a benchmark against which we can judge our efforts in the region. We may not be able to get this all done this year, but it is vital that we make a start.

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