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.
Said by
Tim Ryan
Democratic · Ohio

Share

More from Tim Ryan

Jul 12, 2026

It's awful news that the Supreme Court and the Trump Administration sided with Bayer over thousands of Americans who say the company's products caused their cancers.

commondreams.org
Jul 11, 2024

We want this campaign to be about Donald Trump, and it's not about Donald Trump right now.

transcripts.cnn.com
Mar 2, 2025

We’re sorry but we’re going to do this as quickly as we can.

msnbc.com
Mar 2, 2025

Don’t take the bait on everything coming out of this White House.

msnbc.com

Other voices in this conversation