30 year number is not $116 trillion, it's 143 trillion is now our model. That's what higher interest rates did. 143 trillion. 100% of that borrowed Medicare and the interest financing on that back filling of Social Security and the interest financing on that. We can revolutionize this if we finally be willing to legalize technology. The morality of moving and pushing cures. Why does this place seem to like to finance people's misery? (39:36–39:48)
CLAIM
Asserts that the $143 trillion deficit is entirely due to borrowing for Medicare and Social Security interest financing.
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.