mr. speaker , this is a good resolution , and i support it , and the issue is important . 
however , i just wanted to stand tonight to point out the fact that we are really just talking about the tail . 
this is not the dog ; it is simply the tail . 
it is important . 
i do not want to minimize it . 
but the truth is we are talking a $ 16 billion sale most of which will go to american shareholders . 
however , what we are not talking about is the elephant in the room where right now as of today , after 4 1/2 years of this administration , we currently owe china $ 277 billion . 
that is what we owe them right now . 
that is a 257 percent increase over 4 1/2 years ago . 
we are going to have a 40-minute debate tonight on this particular issue . 
in that 40 minutes , on average , over the last 4 1/2 years , america will have borrowed $ 3 million from china . 
by the time we are finished talking , we will owe them another $ 3 million . 
i do not want to pick on china . 
china is only one of the issues . 
it is not the only country . 
in the last 4 1/2 years , 84 percent of all debt sold , all private debt sold by the united states government has been sold to foreign governments and foreign corporations of which china is only the second largest . 
to me this is an important issue . 
i support it . 
i am glad we are taking action . 
but more importantly , we had better wake up . 
we are sending too many jobs , too much money , too much economic power overseas . 
china is only one of them . 
but they are a large one . 
i just wanted to use this opportunity to make sure that we know this is only the beginning . 
it is not the end . 
