We do not engage in debt trap financing. When a U.S. Government entity makes a loan, it is with the expectation that the loan is affordable, can be repaid, and can be repaid normally out of the project's revenues.
Sherman emphasizes U.S. loan practices differ from China's debt trap financing.
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I'm hoping that I can get you to co-sponsor what is now bipartisan legislation to say that we do not provide tax incentives for investing in Chinese-based companies.
The politicians promised the American people we would pull out--not because our casualties were particularly large, but because they were on top of 20 years of war.
Well, who amongst us has not sent in our payment late, and why should that fee be all they can get from us?
We should pass a law that makes it plain that when you finance a home, the loan should include, as it does now, the amount being charged by the agents.
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