Deborah Koff Ross: “You want to talk about something that is critical to our national security, it is this business that over the past 6…”

“You want to talk about something that is critical to our national security, it is this business that over the past 6 years we continue to cut taxes on folks earning over $400,000 a year with money that we borrowed from foreign central banks and foreign investors, and left our children and grandchildren with the bill to pay. The gentleman was ticking some of these off, but if I may, it is kind of like David Letterman and his top 10 list, the top 10 current lenders: Japan, $640.1 billion; China, $321.4 billion; the United Kingdom, $179.5 billion. This is the amount of money the United States of America has borrowed from foreign countries to fund tax cuts in this country for folks earning over $400,000 a year. The voters on November 7 said it is time for a new direction and new priorities in this country, and we are going to give them to the American people. But to continue the list: OPEC, $98 billion, and we wonder why gasoline was approaching $3 a gallon in August; Korea, $72.4 billion; Taiwan, $68.9 billion; the Caribbean banking centers, $61.7 billion; Hong Kong, $46.6 billion; and Germany, $46.5 billion; and to round out the top 10 current lenders to the United States of America, and you are not going to believe this, Mexico, $40.1 billion.”