Political Quotes

Steven Holt: Could the gentleman tell us, if the Republican budget is carried out this year, how much more we will have to borrow in…

On the recordFebruary 15, 2006
Could the gentleman tell us, if the Republican budget is carried out this year, how much more we will have to borrow in the next year? I can tell you it is going to be about $400 billion, added to various columns on your chart there. Some of it will be borrowed here in the United States, but a large number of dollars will be borrowed from Japan, China, U.K., Caribbean countries, Taiwan, OPEC, and Korea, as you show here.
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Steven Holt

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