When we've done things in this body that have made the bond markets nervous. When a single basis point, so 1% of interest has 100 basis points. Single basis point just this year cost us about $800 million. And I've watched us say, I'm sorry, I'm not supposed to curse on the floor. I've watched us have debates where we say absolutely insane things. (39:39–39:44)
CLAIM
Asserts that a single basis point increase in interest rates costs $800 million annually.
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