On the recordMarch 24, 2004
Last year, of the $370 billion that we borrowed, foreigners financed 70 percent of it. The Red China central bank has increased their holdings of our debt by 70 percent in the last 26 months.
Source
govinfo.govEditor's note · Context
Discussing foreign financing of U.S. debt.
Share
More from John Tanner
Feb 13, 2008
Mr. Speaker, I want to commend the Federal response to the tornados that occurred in Tennessee. I left here early last week and went down to my district in west and middle Tennessee to view, with the Governor of our State and others, the…
Mar 10, 2010
Thank you, Mr. Chairman. Madam Speaker, if we were in Afghanistan by ourselves, perhaps this debate would be worthwhile, but the fact is we are not. I am presently serving as the president of the NATO Parliamentary Assembly. The Afghan…
Oct 2, 2007
The point of this is that our soldiers, sailors, airmen, guardsmen, marines, are not dying in the name of the Republican Conference or the Democratic Caucus. They're dying in the name of the United States of America. We owe them a unified…
Sep 26, 2006
Again, this is not a political statement. I can't imagine the most partisan person in the world saying that this is good government, when we have money leaving here through a fire hose and nobody asking them where it is going or what…
Other voices in this conversation
