We understand our demographics, we understand our earned entitlements that we got to pay and how are we going to pay them when functionally the taxes you just paid 39 cents out of every dollar you paid went just to cover the interest and it will be worse next year. So you live in a country where we've made the decision, let's put the bond market in charge of your country because we're too much of a wimps to tell the truth. (16:34–16:42)
CLAIM
Asserts that 39% of tax revenue is used to cover interest on the national debt.
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.
