This week Sen. Marsha Blackburn (R-TN) said China should waive some of the United States’ $1.08 trillion debt for inflicting COVID-19 upon this country and other parts of the world.
Blackburn said this while appearing on The Jeff Poor Show out of Huntsville, Alabama.
“One of the things is my Senate resolution 553 which expresses the sense of the Senate that we know this came from Wuhan, China, and that they hid the information and were not transparent, that they blocked the World Health Organization and the CDC from coming in to help. They tried to blame it on the U.S. military. We hold them accountable, and I will tell you I think that we need to look at the fact that China owns over $1 trillion of our debt,” Blackburn said.
“They like investing in us. Why do they like that? We are a safe place to put their money and knowing that they have made a global pandemic worse than it ever would have been because of their actions. They should waive some of our debt. They caused us a tremendous amount of loss of life, loss of businesses, suffering, inconvenience, shutting down our economy. These are all things that we should take into consideration, bringing our manufacturing back, not only our pharmaceutical manufacturing back. I was working with one of my colleagues today. There are other things we can bring back and put America back in the manufacturing business.”
Poor asked Blackburn if China has leverage over the United States because of the debt we owe that country.
“I don’t think it gives them any leverage against us because they want us to continue to be a safe place for them to put their money, and what it does do is point out the fact that China caused this,” Blackburn said.
“We have borrowed $2 trillion to stabilize our economy. China will turn around and buy that debt. That is where they will park that money. They will end up enriching themselves through a problem that they caused.”
Blackburn also said Americans are angry at China, so much so one mother recently told Blackburn she will no longer buy Chinese-manufactured products.
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