Ed Case: “Our mandatory spending as a percent of GDP is increasing.”

“And similarly. So we measured it as a percentage of GDP over on this side. 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. Why is discretionary spending decreasing in these projections?” (19:14–19:20)

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