Joe Donnelly: “The foreign debt that we have now has doubled in the last 5 years to over $2 trillion at this point. And you think of…”

“The foreign debt that we have now has doubled in the last 5 years to over $2 trillion at this point. And you think of our country, and our country has been there to help and to finance so many others over the years. You think after World War II we helped put Japan back on its feet. We helped in Europe. And the sad fact is that right now Japan is helping us, that we are having to sell to Japan to help pay for our debt, selling our Treasury notes. And it is a sad fact that China has become one of the largest lenders to our country. And it is simply because we have not covered those costs that we have been running in our government. I have two children, and I do not want to pass on to them the debts that we have been running up. I am proud to be a member of the Blue Dogs to try to change this direction. You think of our small businesses in this country, and those small businesses are having to pay part of the fare for this debt that we continue to run up. The interest rates that we are paying on that are funds that could have been used to help small businesses.”