But so far this fiscal year, we're only about 55 days into this fiscal year, we're borrowing about, probably about $150,000 a second. So that means We will click off from October 1st to maybe just before Christmas, another trillion dollars in borrowing. And that borrowing is driven by interest. You know, all these bonds from years ago when interest rates were so low, and demographics. And that's the thing that is really uncomfortable to talk about. (04:06–04:16)
CLAIM
Asserts that the U.S. will borrow another trillion dollars between October 1st and just before Christmas.
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