I think it's like $2.8 billion a day that we pay in interest, that we pay in interest the US Government pays to bondholders every day. So here's what you have. We're borrowing about eight, eight and a half billion dollars a day. We're paying out 2.8 billion a day in interest. The question is, is government borrowing really good for productivity in this society? Does government borrowing actually make us a wealthier society, a more prosperous society? (05:09–05:16)
CLAIM
Asserts that the U.S. government is borrowing approximately $8 to $8.5 billion daily.
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