Sen. Dick Durbin incorrectly claimed that the U.S. borrows money "primarily from China" to fund the federal government. China owns about 8 percent of the total U.S. debt.
The Illinois Democrat made the claim during a June 19 interview on NBC's "Meet the Press."
Durbin, June 19: Keep in mind, for every dollar we spend in Washington, we borrow 40 cents, primarily from China, our major competitor in the world.
Durbin is largely correct that the U.S.