Kendrick Meek: “Mr. Delahunt, if I may reclaim my time, I am going to tell you right now, you are talking about giving the country away.…”

“Mr. Delahunt, if I may reclaim my time, I am going to tell you right now, you are talking about giving the country away. We are at the point where half of our debt is going to be owned by foreign nations. {time} 1800 If I may, I just want to, if I can, like you said, bear with me for a minute. I want to make sure that all of you can bear with me for a minute. You have seen this chart before. The President and this Republican Congress. Well, let me just go ahead and put the Republican Congress on here. We want to make sure that they get good credit for this, because the President could not do it by himself. $1.05 trillion has been borrowed by this administration within 4 years between 2001-2005. Forty-two Presidents before President Bush and this Republican Congress were only able to borrow $1.01 trillion: 224 years. World War I, Mr. Speaker, Vietnam, Korea, Great Depression. You name it. Hurricanes. You name it. Earthquakes. You name it. $1.01 trillion, 224 years. $1.05 trillion and counting, if the Republican Congress is not stopped. What does this mean, Mr. Ryan? Well, this is a map of our great country, the United States of America. We even thought enough to make sure that everyone is in there, Florida Keys and Hawaii and the great State of Alaska. What does it mean? Well, in that $1.16 trillion that Mr. Ryan talked about as it relates to the foreign investment, Korea owns a little bit of the American pie coming in at $56.5 billion of our debt. Well, we can go on down.…”