Democrats Have Mixed Opinions on Borrowing Money From China to Pay for Stimulus

CNSNews.com) – House Majority Leader Steny Hoyer (D-Md.) said that he is concerned about the fact that much of the money that will be used for the $800-billion-plus stimulus bill under consideration in Congress must be borrowed from foreign sources, including the Peoples Republic of China. But another top Democrat, House Financial Services Committee Chairman Barney Frank (D-Mass.), told CNSNews.com that he doesn’t see \”a problem\” in the U.S. borrowing money from China for the stimulus.