Political Quotes

Steve Cohen: And that's money we owe China; is that right? So it's okay to issue these securities and pay the Chinese the interest to…

On the recordJanuary 6, 2011
And that's money we owe China; is that right? So it's okay to issue these securities and pay the Chinese the interest to be able to finance it, and our children and their grandchildren will be paying this if they don't have preexisting conditions where they can get insurance to cover the illnesses they may have to stay alive to pay these taxes.
Said by
Steve Cohen
Democratic · Tennessee
Source
govinfo.gov
Jan 6, 2011

Editor's note · Context

The speaker discusses the implications of U.S. debt and its impact on future generations.

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