But long term baseline, they're saying, hey, you're just going to start being just the borrowing. It'll be 5, 6, 7% of the entire economy and long run debt. If you go the 30 year window, Debt starts to approach 32% of entire GDP [in a 30-year window]. Now, do you think the bond markets are ever going to let us get anywhere near that? So you tell me, where in this line here do we blow up? (28:34–28:43)
CLAIM
Asserts that long-term debt could reach 32% of GDP in 30 years.
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.
