It narrows our options, that is for sure. If we put too much pressure on them at the WTO, for example, trying to get them to unpeg their currency so that their exports are much more fairly priced vis-a-vis our imports, then they could get stroppy. They could simply retaliate by not buying any more debt and by making it difficult for us to sell our debt at a higher price.
Discussing the implications of currency pressure on international trade and debt.
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I think it is a widely held view that all of those actions have had positive effects on the economy.
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Mr. Speaker, the reconciliation bill before us does more than advance the cause of health care. It makes a landmark investment in education, one that will make college more affordable for millions of students, and all without adding a dime…
I think it is a bit irresponsible to at least articulate to the American people, to the Congress, why you think we need a new policy direction.
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