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Blake Moore: “Mandatory spending... now consumes over 77% [of the budget].”

Featuring: Blake Moore, Republican | U.S. House Utah, 1st Congressional District

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Hive Capital: How Public Policy Shapes the Future of Life Sciences | Representative Blake Moore

Published | Video Starts at 33:16

And only 25% was mandatory spending because it was just mostly Social Security, some interest on the debt. And Medicare was just sort of kicking, starting off and things like that, that has now eclipsed from 25%. It Mandatory spending... now consumes over 77% [of the budget]. We don't vote on it. The last time we made one major change to Social Security was like in 1983, maybe with Ronald Reagan and Tip O'. Neill. (33:16–33:59)

CLAIM

Asserts that mandatory spending now consumes over 77% of the U.S. budget.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


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