Senate Republicans Propose Legislation to Ban Foreign Purchases Near Military Bases
Senate Republicans Propose Legislation to Ban Foreign Purchases Near Military Bases

Senate Republicans Propose Legislation to Ban Foreign Purchases Near Military Bases

News summary

Republican senators have introduced two significant pieces of legislation aimed at restricting land purchases by foreign adversaries, particularly focusing on China. The "Not One More Inch or Acre Act," introduced by Senators Tom Cotton, Kevin Cramer, and Katie Britt, seeks to prohibit any Chinese citizen or entity from acquiring public or private real estate in the U.S., citing national security risks associated with Chinese land ownership near military installations. Concurrently, Senators Tommy Tuberville and Ted Cruz introduced the "Protecting Military Installations and Ranges Act," which would prevent foreign adversaries like Russia, China, Iran, and North Korea from purchasing land near critical military bases. Tuberville emphasized the need for national security measures, while Cruz pointed out the exploitation of existing loopholes that allow foreign entities to acquire land close to military sites. Both legislative efforts reflect growing concerns within Congress regarding foreign ownership of American land and its implications for national security. As discussions progress, these bills may lead to significant changes in how foreign investments in U.S. land are regulated.

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2
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1
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1
Last Updated
28 days ago
Bias Distribution
100% Right

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