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China Defense Spending Transparency: Public Comparison of US and PRC Budgets.

This law mandates the Defense Intelligence Agency (DIA) to conduct and publish an independent, comparative study of the defense spending of the United States and the People's Republic of China. The goal is to provide citizens with accurate data on China's true military expenditures, independent of official statements. This study will offer the public better insight into the global balance of power and the rationale behind national security decisions.
Key points
Requires a public report comparing US and Chinese defense budgets within 180 days of enactment.
The report must be independent of official Chinese data and account for hidden military spending, such as military-civil fusion.
Increases transparency in national security, allowing citizens to better evaluate defense policy and public spending.
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Additional Information
Print number: 118_S_1791
Sponsor: Sen. Romney, Mitt [R-UT]
Process start date: 2023-06-01