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. But when we're spending so much money that the country's going bankrupt, then we really need to stop spending money unless we're sure it is good value. (22:36–22:41)
CLAIM
Asserts that the U.S. pays over a trillion dollars annually in interest on the national debt.
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.
_(cropped).jpg)