,,ii  #aahth ,,congress  #ast ,session  
,s4 #agia  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,june #a1      
#bjbc,mr4 ,romney 7for himself1 ,mr4    
,manchin1 ,mr4 ,sullivan1 and ,mr4      
,king7 introduced the following bill2   
which was read twice and referred to the
 ,select ,committee on ,intelligence  ,a
 ,,bill  ,to require the ,director of   
the ,defense ,intelligence ,agency to   
conduct a comparative study on the      
defense budgets of the ,people's        
,republic of ,china and the ,united     
,states1 and for other purposes4  #a4   
,short title ,this ,act may be cited as 
the ,china ,defense ,spending           
,transparency ,act4  #b4 ,comparative   
study on defense budget transparency of 
the ,people's ,republic of ,china and   
the ,united ,states  7a7 ,study required
  7#a7 ,defense intelligence agency     
study ,not later than #ahj days after   
the date of the enactment of this ,act1 
the ,director of the ,defense           
,intelligence ,agency shall complete and

 submit to the appropriate committees of
 ,congress a public comparative study on
 the defense budgets of the ,people's   
,republic of ,china and the ,united     
,states4  7#b7 ,methodology ,the study  
required by paragraph 7#a7 shall employ 
a robust methodology that-- 7,a7 does   
not depend on the official              
pronouncements of the ,government of the
 ,people's ,republic of ,china or the   
,chinese ,communist ,party2  7,b7 takes 
into account the military-civil fusion  
present in the ,people's ,republic of   
,china2 and  7,c7 employs the building  
block method of analysis or a similar   
method of analysis4  7#c7 ,goal ,the    
goal of the study required by paragraph 
7#a7 shall be to provide the people of  
the ,united ,states with an accurate    
comparison of the defense spending of   
the ,people's ,republic of ,china and   
the ,united ,states4  7#d7 ,public      
availability ,the ,director shall make  
the study required by paragraph 7#a7    
available to the public on the internet 

website of the ,defense ,intelligence   
,agency4  7b7 ,elements ,the study      
required by this section shall do the   
following3 7#a7 ,determine the amounts  
invested by each subject country across 
functional categories for spending1     
including-- 7,a7 defense-related        
research and development2  7,b7 weapons 
procurement from domestic and foreign   
sources2  7,c7 operations and           
maintenance2  7,d7 pay and benefits2 and
  7,e7 military pensions4  7#b7         
,consider the effects of purchasing     
power parity and market exchange rates1 
particularly on nontraded goods4  7#c7  
,estimate the magnitude of omitted      
spending from official defense budget   
information and account for such        
spending in the comparison4  7#d7       
,exclude spending related to veterans'  
benefits1 other than military pensions  
provided to veterans4  7c7              
,considerations ,the study required by  
this section may take into consideration
 the following3 7#a7 ,the effects of    

,state-owned enterprises on the defense 
expenditures of the ,people's ,republic 
of ,china4  7#b7 ,the role of differing 
acquisition policies and structures with
 respect to the defense expenditures of 
each subject country4  7#c7 ,any other  
matter relevant to evaluating the       
resources dedicated to the defense      
spending or the various military-related
 outlays of the ,people's ,republic of  
,china4  7d7 ,form ,the study required  
by this section shall be submitted in   
unclassified form1 but may include a    
classified annex4  7e7 ,appropriate     
committees of ,congress defined ,in this
 section1 the term appropriate          
committees of ,congress means-- 7#a7 the
 ,committee on ,appropriations1 the     
,committee on ,armed ,services1 the     
,committee on ,foreign ,relations1 and  
the ,select ,committee on ,intelligence 
of the ,senate2 and  7#b7 the ,committee
 on ,appropriations1 the ,committee on  
,armed ,services1 the ,committee on     
,foreign ,affairs1 and the ,permanent   

,select ,committee on ,intelligence of  
the ,house of ,representatives4