Sunday, March 30, 2008

(REUTERS) Clinton says China holdings threaten U.S. security

By Jeff Mason at REUTERS

INDIANAPOLIS, Indiana (Reuters) - The Bush administration has jeopardized national security and the ability to intervene in world crises because of the huge U.S. debt held partly by China, Democratic presidential hopeful Hillary Clinton said on Saturday.

The New York senator, who argues she is better prepared to deal with economic and foreign policy problems than rival Illinois Sen. Barack Obama, told a rally in Indiana that the United States' $9 trillion in gross national debt puts it at the mercy of other nations.

LINK TO FULL REUTERS STORY

No comments: