So as I last addressed, we have $34 trillion in debt. I know that number is just crazy because it is crazy. We are adding about a trillion dollars in new debt every four months. The interest cost on the debt is bigger than our entire Defense Department. US Federal budget, only after Social Security. That cost us about 1.2 trillion, but bigger than our entire Defense Department. But why is this debt going to become such a problem? (00:22–00:28)
CLAIM
Asserts that the cost of interest on the national debt exceeds the budget for the U.S. Defense Department.
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