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Cynthia Lummis: “We're crowding out expenditures that can help grow our…”

Featuring: Cynthia Lummis, Republican | U.S. Senate Wyoming

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Senator Cynthia Lummis and Michael Saylor Discuss Strategic Bitcoin Reserve Proposal

Published | Video Starts at 16:49

… up all the taxpayer dollars on interest on the national debt and have nothing to spare to keep Medicare, Social Security, our defense obligations pursuant to the U.S. constitution. And We're crowding out expenditures that can help grow our economy with something that cannot, which is interest payments on the national debt. That's why a strategic bitcoin reserve is so important. And that's why not having one creates a hole from which our economy may never recover. (16:49–17:00)

CLAIM

Asserts that interest payments on the national debt are limiting economic growth by reducing available funds for other expenditures.

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