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category  Public Statements  Spending Cuts in the Federal
Government  Floor Speech  Location: Washington, DC   Mr. GINGREY
of Georgia. Madam Speaker, I appreciate the gentleman from
Missouri yielding, and I know that when he was referring to my
medical expertise in regard to knowing that subject inside and
out, no pun was intended when he mentioned that.  I do know a
lot more about health care, probably, than I do about government
spending, but one thing's for sure, Madam Speaker, as the
gentleman pointed out: We are spending way too much money. And I
think the figures today, this year, last year, we spent a third
more than we took in. I mean, you know, we have a revenue stream
from taxation of the American people, and yet we went beyond
that by $1 trillion of borrowed money; and, of course, of the
nondomestic creditors, the largest one is China. They hold a lot
of our debt. They happen to be, now, the second largest economy
in the world at $9 tr