Congress borrows money from Japan and Germany and then Congress pays interest on that borrowed money to Japan and Germany. Then Congress takes that borrowed money and gives it back to Japan and Germany to protect them. Now we give money, our borrowed money to Germany to protect them from an invasion from Russia. But then we give money to Russia so that Russia does not have to invade Germany. If any of this makes sense, beam me up. The only good thing about it, evidently, is that the Russians could not overwhelm the Capitol Police. But the bottom line is we borrow money to help everybody all over the world, but we cannot come up with money to help our own people. I have a little bill, H.R. 782. It would take $5 billion of foreign aid and transfer it to revenue sharing for cities and counties. I think Members should take a look at that, Democrats at least.
James Traficant: “Congress borrows money from Japan and Germany and then Congress pays interest on that borrowed money to Japan and…”
Editor's note · Context
Discussing foreign aid and its impact on domestic funding during a floor speech.
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