Political Quotes

“Madam President, I believe I have developed a reputation among my colleagues, and hopefully among my constituents, for transparency in the issue of the public's business should be public. That applies to how the World Bank loans U.S. dollars. The World Bank is right now trying to sneak through a new policy that offends me. I received word that the World Bank is planning to vote right now, as I speak, on a new country partnership framework with China. That framework commits the World Bank to providing China with billions of dollars in loans indefinitely. What is odd about this is that China is now the world's second largest economy and its per capita income is well above the levels at which countries are supposed to graduate from needing World Bank assistance. In other words, China should stand on their own two feet without help from the American taxpayers or even indirectly through the World Bank. It happens that our country is the World Bank's largest contributor, and the spending bill that funds the World Bank includes a provision for a big capital increase from the American taxpayers to the World Bank. With this legislation pending, we in the Congress have an opportunity to weigh in and we should take that opportunity to make sure that American taxpayer dollars don't go to China, particularly when China is taking their own money and investing in the Belt and Road Initiative to get influence around several countries on the face of the Earth.…”