Remember how before I was telling you, for every dollar we receive in taxation in the federal government, we spent $1.39. Here's one of the punchlines you need to have burned into your consciousness about. Let's come here. 18 cents of that, $1.39 borrowing is just interest. What did the interest bias. Now, look, there's some economists say, well, you put out interest, someone got a rate of return. So they're going to spend it. (14:17–14:25)
CLAIM
Asserts that 18 cents of every $1.39 borrowed by the federal government is spent on interest.
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