Tim Ryan: “Mr. Delahunt, if you do not mind, I want to share another chart. This is the public debt held by China. One country, in…”

“Mr. Delahunt, if you do not mind, I want to share another chart. This is the public debt held by China. One country, in 2000, they held $62 billion. In 2005, they hold $257 billion in public debt. This is when the President took office. Now look at it. With the rubber stamp, Congress has just, time after time after time, continued to exacerbate this problem. Now, look, in June of 2002, the Republicans increased the debt limit by $450 billion. That means they are okaying the Treasury to go out and borrow more money. In May of 2003, they increased it again by another $984 billion. In November of 2004, they did another $800 billion. Now we have got a pending increase that we know is going to happen because this runaway train isn't getting stopped any time soon, another $781 billion. That is $3 trillion in debt that the Republican House and Senate and Republican White House went out and borrowed from foreign countries. Now, who is patriotic now? You want to call this patriotism, mortgaging the future of the country to the Japanese and Chinese Governments and--”