Moody's analytics that in 2035 we're going to borrow $3.8 trillion that year, we're going to borrow 2.2, 2.3 this year. And that's just sort of built off of what our baselines look like and why this should terrify us. CBO has us over the next 10 years adding another $22 trillion of debt. if interest rates move are now, because now you need to calculate the higher interest rates. If you start to put those dollars in, we're not completely there, but we're getting close to the next 10 years. (27:48–27:55)
CLAIM
Asserts that the Congressional Budget Office projects an additional $22 trillion in debt over the next 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.
