Remember, when you look at your congressman or look at the Senators or look what's going on in Washington. Remember, we're right now borrowing 26% of what we spend. Spent. That's preposterous. Think about Every Social Security check, every Medicare reimbursement, every anything coming out of Washington. 26% is borrowed. So we still get requests to make sure we keep spending levels high or to come up with new programs. (43:52–44:01)
CLAIM
Asserts that 26% of federal expenditures, including Social Security and Medicare, are funded by borrowing.
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.
