Political Quotes

Tim Ryan: it is good to join the gentlemen. As we are talking about the debt and we are borrowing this money from the Chinese…

On the recordFebruary 14, 2006
it is good to join the gentlemen. As we are talking about the debt and we are borrowing this money from the Chinese, from the Japanese, from the Koreans, from the OPEC countries, as we borrow that debt we have got to pay interest on that debt. So as we are paying interest on that debt, this chart will show us that out of our priorities that we have in this country, the red is what we are paying in billions of dollars in the 2007 budget in interest, compared to education, compared to homeland security, compared to veterans. {time} 2230 So when we are talking about borrowing the money and what we are paying the interest on and what country we are paying the interest to, that interest money, the red, is going back to China. It is going back to Japan. It is going back to Korea.
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Tim Ryan
Democratic · Ohio

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