[Congressional Record (Bound Edition), Volume 157 (2011), Part 11]
[House]
[Pages 15243-15244]
[From the U.S. Government Publishing Office, www.gpo.gov]




                      CHINA CURRENCY MANIPULATION

  (Ms. HANABUSA asked and was given permission to address the House for 
1 minute.)
  Ms. HANABUSA. Mr. Speaker, the trade agreements are front and center 
for us right now. But I have to ask you: What are you waiting for?
  We talk about deficits; we talk about debt; we talk about trade 
agreements; but what is it that really would have an impact, and that 
is if you would set for hearing the whole concept of currency 
manipulation. We have got to address China's manipulation of its yuan.
  I just came running over from HASC, the House Armed Services 
Committee, and one of the issues that was raised there was we've got to 
do something about the yuan. China is outbuilding us. China is going to 
try to take over the Pacific. China is building ships. China is doing 
all of these things that put our defense and our people at risk.

[[Page 15244]]

  So, Mr. Speaker, I ask you again: What are you waiting for? Let's 
hear that currency manipulation bill that has 226 of us, bipartisan 
support. Let's hear it. It's time to really come to grips with what is 
truly our problem, how this bill will then affect issues such as the 
deficit and the debt and increase our GDP. Think about it, Mr. Speaker.

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