Interest of the United States in this fiscal year will be the second biggest expense in government. Social Security will be 1,450,000,000,000. Interest will be 1.2 trillion. Medicare, almost a trillion. Defense 960, 980. Think of that. Defense is now the fourth biggest expense in government. No longer the first or second. (03:51–03:56)
CLAIM
Asserts that Medicare expenses will be nearly $1 trillion this fiscal year.
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