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Glenn Grothman: “The debt that's coming due right now is at 0%.”

Featuring: Glenn Grothman, Republican | U.S. House of Representatives, Wisconsin, District 6

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Glenn Grothman Opening Statement at House Budget Resolution Markup

Published | Video Starts at 00:56

… having to spend on our debt is going to go up, not only because we're issuing new debt, but right now we've got a. We've got to refinance our debt. The debt that's coming due right now is at 0%. We're going to be issuing new debt at over 3%. So we don't do anything in that room. That's a significant increase in spending. (00:56–01:00)

CLAIM

Asserts that current U.S. debt coming due has a 0% interest rate.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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