WASHINGTON –U.S. Senator John Boozman took to the floor of the U.S. Senate today to call attention to how our national debt threatens America’s sovereignty.
Boozman began his speech discussing the need to remain vigilant against international terror in a post bin-Laden world. He continued from there to note that there is another major threat to our sovereignty and that is one that has been created here at home—our ballooning national debt.
Washington’s reckless spending has shifted almost half of national debt to foreign creditors. Boozman’s speech focused on who these foreign creditors are, how they do not share our same value system, and why this puts our country in a very precarious position.