On the recordMarch 15, 2006
I thank very much my distinguished friend from Tennessee. It is a pleasure and, quite frankly, an honor to be on the floor with you tonight to talk about this extraordinary problem and crisis that this country is faced with. Without question, you are absolutely right. We cannot have national security if we do not have financial security, and we do not have financial security today. Now, let me just tell you and I hope the American people are paying attention to us tonight because we are here to state some important truths and facts about the financial health of this country, and our financial health is not well. This President, this administration and this Republican-controlled Congress is heading us straight down the path of financial ruin and financial disaster. Let me just give you one very salient point. Under this President, this Republican-controlled Congress, we have borrowed more money from foreign governments and from foreign interests than all of the preceding 42 Presidents in the history of the United States. Hear me again. If that does not wake you up and let you know that we are headed for disaster, this President, this Republican-controlled Congress has borrowed more money from foreign governments and foreign financial institutions than all of the preceding past 42 Presidents.…
Source
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