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? Now look, some borrowing is historic. (05:15–05:23)
CLAIM
Asserts that the U.S. government pays $2.8 billion daily in interest.
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