[Congressional Record (Bound Edition), Volume 152 (2006), Part 4]
[House]
[Page 5386]
[From the U.S. Government Publishing Office, www.gpo.gov]




        REPUBLICANS SELLING OUR COUNTRY AWAY TO FOREIGN NATIONS

  (Mr. MEEK of Florida asked and was given permission to address the 
House for 1 minute and to revise and extend his remarks.)
  Mr. MEEK of Florida. Mr. Speaker, it is an honor again to be here on 
the House floor to share with the American people what is actually 
going on here in the Capitol.
  I want to share with the American people that President Bush and the 
Republican majority in just 4 years have borrowed $1.05 trillion from 
foreign nations. That is selling our country to other nations because 
of the spending that is going on. That is more than 42 Presidents 
before this President and the Republican majority and 224 years.
  What does that mean to Americans? What does that mean to our future? 
Japan holds $682.8 billion of our debt; China owns $249.8 billion of 
our debt; the U.K., $223.2 billion of our debt; Caribbean nations, 
$115.3 billion of our debt; Taiwan, $71.3 billion of our debt; OPEC 
nations, $67.8 billion of our debt; Germany, $65.7 billion of our debt; 
Korea, $66.5 billion of our debt; and Canada, $53.8 billion of our 
debt.
  Republicans are going to sell this country away to other countries, 
and I think it is important that we take on fiscal responsibility.

                          ____________________