Medicare is number four. We actually think that's gonna flip again because last month it was flipped and reversed. But they're almost identical right now. But the punch line here is Interest now is the second biggest expense in this government. And at our current borrowing rate. And if interest rates stay where they're at or go up just a little bit in a couple years, interest, interest will be the number one spend in this government. (27:19–27:22)
CLAIM
Asserts that interest payments are the second largest government expense.
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.
