We're not even paying off the debt itself. We're just paying down the interest. In fact, The interest alone that we pay annually on our debt now exceeds the amount we spend on every single federal program except Social Security. That means less of your tax dollars are being sent back to your community to invest in Stronger roads and safer neighborhoods and better schools. (03:07–03:18)
CLAIM
Asserts that annual interest payments on the national debt exceed spending on all federal programs except Social Security.
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.
