House Report: CCP’s Tax Rebates Help Fund US Fentanyl Crisis

The Chinese Communist Party is helping to fund the U.S. fentanyl crisis through tax rebates and other financial incentives that subsidize companies that make and export materials used to make the drug, according to a House panel report released Tuesday. 

“Through subsidies, grants, and other incentives, the PRC [People’s Republic of China] harms Americans while enriching PRC companies,” according to the House Select Committee’s findings on the CCP, reports NBC News. ??

The report was released before a scheduled hearing Tuesday, during which Chairman Mike Gallagher, R-Wis., and ranking member Raja Krishnamoorthi, D-Ill., are expected to argue in detail China’s role in funding the fentanyl crisis.

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