On the recordJuly 10, 2006
Look at this, Mr. Meek. The Republicans increased the debt limit by $3.7 trillion. You will notice that is a ``T'' there in the red, not a ``B''. In June of 2002, May of 2003, November of 2004, March of 2006, and the House Budget Resolution, another $653 billion, $3.7 trillion this Republican Congress has increased the debt limit, which is saying, go out, Mr. President, Secretary of the Treasury, go out and borrow some more money. It is okay to borrow money and then spend it on corporate welfare for the oil industry and the energy companies. It is okay to spend it for the health care industry. Come on. Let us get things in order here. This is not brain surgery. And, you know, Mr. Meek, I thank you for doing that, because our whole mission here as 30-Somethings is to break down and talk about issues that are going to affect our generation in the long term. And when you look at the kind of borrowing from these other countries, you know, just an example of China. Okay. How much we are borrowing. Now we are asking China to help us negotiate with North Korea. Well, you think they are going to be helpful when they are our bank? You think they are going to be pressured by us when they are loaning us money? Like you say so eloquently, when you loan someone money, it changes the dynamics of the relationship. You loan me $5, now I owe you so I cannot come back and say, hey, help us with North Korea. This is not about North Korea. We got to take this country in a new direction.…
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