And so far this fiscal year, every dime of discretionary, every dime of defense and actually like a quarter of Medicare are on borrowed money. And the fact that This year you're going to spend about 1.2 trillion of your tax receipts in interest. And remember last fiscal or actually over the last 12 months, I think we've had one or two months, maybe three months where we actually had to borrow money to pay for our borrowed money to pay the interest. (08:23–08:30)
CLAIM
Asserts that $1.2 trillion of tax receipts will be spent on interest payments this year.
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