Speaker McCarthy: Let's Win Against China
For years, we’ve been locked in a competition against China.
We’re competing, seeing who can be faster and stronger.
The problem is it’s an unfair fight.
Think of it like a swim meet.
We used to blow the competition out of the water.
But now, we’re swimming with weights attached to us, and it’s slowing us down, and giving China a chance to catch up.
The weight holding us back is our debt.
It’s dragging us down and giving the Chinese Communist Party – one of the largest owners of our debt - a competitive advantage, which they will use to surpass us as we drown in the deep end.
Here’s my suggestion:
Let’s stop swimming with so much extra weight.
If we don't act now to rein in our spending and national debt in a responsible way, we'll never recover.
America will always win in a fair fight.
So let's make it fair.
Let's win.
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