And this is time. And here what we see is that our mandatory spending as a percent of GDP is increasing. These are projections by our Congressional Budget Office. Interest is increasing and discretionary spending is decreasing [as a percentage of GDP]. Why is discretionary spending decreasing in these projections? Because mandatory spending is increasing because we're borrowing too much money and thus we don't have as much money to distribute around. (19:24–19:29)
CLAIM
Asserts that interest payments are increasing and discretionary spending is decreasing as a percentage of GDP.
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