We're basically missing each other's numbers. And if you do it over a decade, understand the baseline looks like At the end of the decade, we're going to be well over $48 trillion [in debt]. But that makes sense if we're clicking off a trillion dollars about every 125 days. You really think the credit markets are going to keep loaning us money at favorable interest rates when we're staring down $50 trillion at the end of this decade? (29:12–29:22)
CLAIM
Asserts that U.S. debt will exceed $48 trillion by the end of the decade.
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.
