King: Our children may end up paying our debt 

Wednesday, April 1, 2009 at 3:00PM
Talk Radio News Service (Admin) in China, Iowa, King, News/Commentary, Republican Radio Row, dollar inflation, steve

By Suzia van Swol-University of New Mexico-Talk Radio News Service
Congressman Steve King (R-Iowa) talks with TRNS correspondent Suzia van Swol at the 2009 House Republican Radio Row about the impacts that the U.S. will face by borrowing money from China. He says that if you borrow money, you have to pay it back , and “we’re either going to pay for it with inflated dollars, or it’ll be our children and our grandchildren paying this debt.” (1:01)

Article originally appeared on Talk Radio News Service: News, Politics, Media (http://www.talkradionews.com/).