I heard the Senator, my good friend from Michigan, a few minutes ago say it is the United States versus China. My good friend from Michigan said we are laser focused on China and that China is spending money every day to beat us. I think the problem is the government in Washington is spending money every day--the taxpayers' money, money we do not have, and that is what is going to beat us. It is money irresponsibly being spent by this government in this city, voted on time and time again by a Washington government that doesn't live within its means, doesn't do what the States in this country do, where we do live within our means. I served in the Wyoming Senate where we did balance the budget. The Governor had a line-item veto. We had to balance our budget. It is the spending by us in the United States that is going to lead to China beating us, not money being spent in China every day. That is why on the front page of the Wall Street Journal today, above the fold, right there, Wall Street Journal, Friday, March 26, 2010, ``Debt Fears Send Rates Up.'' The fear of the debt is sending rates up. What it means is people do not think we are responsible in the way we are living. We are not living within our means. We are not doing what a family does in this country, where a family says we have to live within our means. When the Senator from Iowa says you can't go down and get an extended line of credit if you have already tapped your credit, this country continues to do it.…
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