Thursday, September 24, 2020

McSally and Blackburn Demand China Repay $1.6 Trillion Debt to U.S.

Must Read

NYT Contributor Wilkinson Claims To Be ‘Against Fascism,’ Yet Openly Advocates for Dems To Ignore SCOTUS

For literally years now, the left has been calling President Trump a fascist over almost everything he does, with...

Trump Tells UN We Must Hold China Accountable for Unleashing Coronavirus on World

In a pre-recorded speech to the United Nations General Assembly on September 22, President Trump said, “We...

Dinesh D’Souza Takes on Socialism in New Doc Film ‘Trump Card,’ Slashes the ‘Deep State’ to Ribbons

Dinesh D’Souza has become the master of the conservative political documentary film genre, starting with his first offering, “2016:...

Senators Martha McSally (R., Ariz.) and Marsha Blackburn (R., Tenn.) introduced a resolution Thursday that would demand China repay $1.6 trillion in sovereign debt with interest, compounding on debt existent since 1912, before the creation of the Chinese Communist Party regime, Fox News reported.

Though the resolution would not be legally binding, it is intended to signpost the sentiment of Congress toward the People’s Republic of China.

With the Sino-American relationship at loggerheads, McSally cited the coronavirus and failing bilateral economic arrangements as justification for her resolution.

“China has repeatedly failed to honor its obligations to America, taking American families’ money and jobs,” McSally said. “Well, the abuse ends here. We are holding China accountable for their debt and for unleashing the coronavirus on the world. We demand China pay back the $1.6 trillion it owes to American families.”

“This is not the first time China’s actions have had an outsized impact on the American people,” Blackburn added. “What 2020 has made clear is that the status quo is not working when it comes to our relationship with China.”

The resolution does have some historical precedent. In 1987, Beijing agreed to pay off over 20 million pounds in loans to the United Kingdom, and is accordingly in selective financial default by choosing not to pay back Washington.

McSally and Blackburn may join the ranks of the Senate’s China hawks with such a move.


Last week, the PRC issued sanctions on five Republican senators—Tom Cotton (R., Ark.), Josh Hawley (R., Mo.), Marco Rubio, (R., Fla.), Pat Toomey (R., Pa.), and Ted Cruz (R., Tex.)—for their tough stances on Beijing.

“The Chinese Communist Party imposed these impotent sanctions against me because I defend the real victims of Chinese Communism,” Sen. Cotton said in a statement last week. “If China thinks my opposition to its communist tyranny to date warrants these sanctions, I have two words for them: Just wait.”

Jack Beyrer is a news writer at the Washington Free Beacon. He covers breaking news in national security and domestic politics. Jack previously interned with RealClearPolitics and the Foundation for Defense of Democracies, and is a graduate of Wake Forest University where he majored in history. He can be reached at [email protected]

Read more

Latest News

NYT Contributor Wilkinson Claims To Be ‘Against Fascism,’ Yet Openly Advocates for Dems To Ignore SCOTUS

For literally years now, the left has been calling President Trump a fascist over almost everything he does, with...

Trump Tells UN We Must Hold China Accountable for Unleashing Coronavirus on World

In a pre-recorded speech to the United Nations General Assembly on September 22, President Trump said, “We must hold accountable the nation...

Dinesh D’Souza Takes on Socialism in New Doc Film ‘Trump Card,’ Slashes the ‘Deep State’ to Ribbons

Dinesh D’Souza has become the master of the conservative political documentary film genre, starting with his first offering, “2016: Obama’s America,” which examined the...

Senators Probe Netflix Partnership With Chinese Genocide Denier

Republican senators are demanding Netflix explain its decision to adapt a Chinese science fiction trilogy written by a Xinjiang genocide denier into an original...

Overriding Mayor Seattle City Council Votes To Strip Funding from Police After ‘Ferocious’ Pressure from BLM

The Seattle City Council voted Tuesday evening to override Mayor Jenny Durkan’s vetoes of three council budget bills that would have stopped sharp budget...

More Articles Like This

15585

Become a Patriot Join 72,558 Subscibers

Get an article like this twice a week.

15856