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Elon Musk: “The interest on the national debt now exceeds the Defence…”

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

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Elon Musk at Trump Cabinet meeting U.S. will go ‘bankrupt’ without DOGE

Published | Video Starts at 01:19

The overall goal here with the Doge team is to help address the enormous deficit we simply cannot sustain as a country. $2 trillion deficits, the interest rates, just The interest on the national debt now exceeds the Defence Department spending. We spend a lot on the Defense Department, but we're spending like over a trillion dollars on interest. If this continues, the country will go become de facto bankrupt. (01:19–01:25)

CLAIM

Asserts that interest payments on the national debt are higher than Defense Department spending.

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