I appreciate Senator Begich and Senator Warner working with Senator McCaskill and myself to try to enforce the President's spending levels.
American workers are tired of hearing about delicate international dialogue between global ministers at resort cities.
The massive current account surpluses accumulated by China are directly related to its manipulation of its currency value.
They want jobs, and they are right.
Because the Chinese continue to manipulate their currency, thousands of Americans are out of work.
There is no question in my mind that China manipulates its currency in order to subsidize Chinese exports.
The American public, Mr. Secretary, is tired of hearing about the sophisticated nuances of international diplomacy.
I believe that the time for talking has long passed and the time for action has arrived.
President Obama, backed by the conclusions of a broad range of economists, believes that China is manipulating its currency.
I think it is high time, Mr. Secretary, that we see a little bit of that hope and change that you promised.
The only question is, why is the Administration protecting China by refusing to designate it as a currency manipulator?
Since the beginning of 2000, 10 years, there has been a loss of close to 5.6 million payroll job in manufacturing in this Country.
The fact is our housing policies have failed on a grand scale.
The Corker rule is unwritten, isn't it, Mr. Chairman?
As my granddaddy said, you can't borrow your way out of debt.
there is no reason that instability stays out there.
I do not think--that is not impressive to me. I am not worried about what has happened anecdotally in some individual case.
I am worried about this whole process. It is not working logically to me.
