Let me remind people 26% of the current level spending for the current year is borrowed. That should be of huge concern to everybody. The average American has about $100,000 their share of a debt. Think of that. A family of four has $400,000 in their share of the debt. The average person or the average American in the budget coming up this year will be spending about $20,000. (00:53–00:58)
CLAIM
Asserts that each American's share of the national debt is approximately $100,000.
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