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Elon Musk: “Interest on the national debt exceeds the Defense Department…”

Featuring: Elon Musk, Senior Advisor to the President, Head of Department of Government Efficiency | National

Joe Rogan Experience #2281 - Elon Musk part 1

Published February 28, 2025 | Video Starts at 22:31

Well, also, we just have a real issue with the budget deficit. It's gigantic. All things being equal, if we didn't have a gigantic budget deficit where interest payments, the Interest on the national debt exceeds the Defense Department budget. which is truly astounding. Which means. So we're paying over a trillion dollars of interest on the national debt, then. Okay, we would have more room for wasting money, basically. (22:31–22:35)

CLAIM

Asserts that the interest payments on the U.S. national debt are greater than the Defense Department budget.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.

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“Pam [the Treasury's main payments computer] is responsible for almost $5 trillion payments a year, roughly a billion dollars an hour.”
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“The ap, they ran an international news story saying that Doge fired air traffic controllers, but we didn't fire any air traffic controllers…”
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