On the recordFebruary 28, 2007
The economy is going great. I read an article with great interest today out of The New York Times. The title is ``Growth in U.S. Economy is Slower Than Thought.'' This economy is only growing at 2.2 percent, in large measure, due to the fact that we haven't balanced our budget. We are nowhere near balancing our budget because of the Republican leadership in the House since 1994, and in the Senate and also in the White House. For many, many years, the Republican answer to balancing the budget or trying to make our payments is to go off to China and go to the banks in China and borrow money from the Chinese government in order to fund the increase in spending that the Republican House, Republican Senate, and Republican White House were pursuing.
Source
govinfo.gov




