wondering about D. Rep. John Spratt's answer on Asia buying US debt [View All]

[donsu]

Spratt was on W.J. this a.m. and did well with all the callers but one.

the caller asked about China, etc. buying up our debt.

his answer seemed to be that we would have much higher interest rates if they didn't. and he ignored the part of the question of what would happen if the debts were called in.

he also said he was good to go on more tax cuts.

what's the real deal with this Dem. Rep.