international community's strengthened approach to these problems has truly provided new hope for debtor nations. i would suggest to you also that 11 of the members, which is to say approximately a little over 25%, of the votes, republican votes in the united states senate, supported this legislation in this bill. so it came to us in a bipartisan fashion from the united states senate. our president has indicated that the united states of america will in fact participate with the other 19 leading industrial nations of this world in trying to lift out of the mire of economic distress some countries that -- whose distress will impact our recovery as well. that is why i say to my friend, no one, no one, no one wants to delay this bill. i would hope that we have the 368 votes that voted for this bill the first time it passed intact when it comes. and be consistent with the principles enunciated by ronald reagan and george bush in the 1990's. mr. cantor: mr. speaker, i thank the gentleman. first of all there is obviously a delay in this bill. we were expecting it to see the bill and the war splemental

and the trade policy we have had for the last 10 to 20 years has made us the greatest debtor nation in history because every year, we bring in -- it is now down to something like $600 billion a year. we bring in more stuff than we export and we borrow the difference, and that borrowing builds up and built up and builds up. so you have to have some really bad policies to have the best work force and take it and turn it into the greatest debtor in history. we have had bad policies. host: indianapolis, independent line. good morning to you. >> good morning. i would like to ask you, representative, why are there no democrats or republicans out crying about the slave labor in china they used to produce the goods we buy off of them? guest: i think there is an outcry towards the mystery metalworkers in china, but it is -- it is just one of many things. our focus in our relationship with china tends to be china's in affect here are people in the u.s., and you are more likely to see a news report on a factory being shut down in ohio because of chinese competition than to get a story about how t

during reagan's time, we became -- we went from being the biggest lender nation to the biggest debtor nationnow we are trying to invest in our people. my main issue is your view on health care. 90% of bank of this -- of bankruptcy is are due to catastrophic illnesses and with the unemployment rate creeping towards 10%, that is only going to become more so. you are offering a $5,000 tax credit for health care. my insurance costs $20,000. collectively, between my employer and myself. how is $5,000 going to help? and the cost of the private health care is due to the private insurance -- interests. the insurance companies are driving of the costs with the public plan and, certainly, with the single payer plan that would be eliminated. i do not understand your reluctance to a public plan if you are so concerned about competition. isn't that what helps the economy and regulates our market? we would adopt -- offering an option that would cause competition. host: we have an argument from susan goldman along the same lines. whereas the competition been for 40 years? guest: that was part of my campaig

during reagan's time we went from being the biggest lender nation in the world to the biggest debtor nation in the world. now we're trying to invest in our people. but my main issue is your view on health care. 90 percent of bankruptcies are due to catastrophic illnesses, and with unemployment rate creeping towards 10 percent, that's only going to become more so. you're offering a $5,000 credit, tax credit towards health care? well, my insurance costs $20,000. so -- collectively between my employer and myself. how is $5,000 going to help? and the cost of health care is due to the private interests. it's the health insurance companies and -- that are driving up the costs with a private, with a public plan and certainly with a single-payer public plan that would be eliminated, and i don't understand your reluctance to a public plan if you're so concerned about competition. isn't that what helps the economy and regulates our market? we would be offering an option that would cause competition. >> host: and, bonnie, we have this tweet from susan golden along the same lines saying that the key to

. >> [inaudible] -- matter of national security, in particular our debtors, china. >> i'm sorry, at what point does -- >> does it become national security. you made reference the treasury's when-issued and intelligence community is another. at what point does the amount, the interaction with our debtors sort of get to your point of concern? >> it seems the united states and china if that is what you are talking about are in sort of a mutually dependent area and it's hard to tell where the leverage is in that relationship. it is certainly not strongly on the chinese side or on the american side. and in fact, i think it is in a way is probably causing them, us and the chinese ways of cooperating rather than using financial jujitsu against each other. if certainly that is the pattern that i seem to see in our relations with china. i was at the shangri-la of dialogue and had a long conversation with the chinese counterpart and most of that conversation was about mutual concern, not about checking the size of each other's biceps and then try to figure out who would win if we got in an arm wre