"The American people should know that a lot of the reduction of their taxes is borrowed money from China," he said. "You've got to pay for it. You've got to pay for it. You've got to pay for it."
He said that "a lot of people" in the Senate have told them they agree with him on the issue, although most of them are in a tough spot politically as opposing any extension of the cuts would allow taxes to rise at a time when the economy is still struggling.