There's no borrowing and you maximize economic growth because you're not engaging in the crowd out effect of having to go to markets. Remember, we borrow $6 billion every day. In nine years, we borrow $10 billion every day. We gotta do things like this. So we're not competing with you, your family trying to get a mortgage, trying to get a car loan, trying to, you know what your credit card interest rates are gonna be. (22:32–22:37)
CLAIM
Asserts that in nine years, the U.S. will borrow $10 billion daily.
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.
