It's very easy to tackle inflation. The bigger problem is tackling the government spending problem because right now We're adding another trillion dollars in debt about every single four months. And the interest cost on our debt now is bigger than our Defense Department budget. I don't mean to scare people, but this is how great societies have always failed. (02:03–02:09)
CLAIM
Asserts that the U.S. is increasing its debt by a trillion dollars every four months.
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.
