When you have the economists on the left and the right saying, look, if we can get to about 3% of borrowing of GDP, we can stabilize. We're borrowing 7.3 [percent of GDP] this year. In nine years we're borrowing 9% of the entire economy. Understand what this means? That would be reduced spending this year. So we're going to spend what, 7, 7.3 trillion this year? (31:10)
CLAIM
Asserts that the U.S. is borrowing 7.3% of its GDP this year.
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