… for every percentage point of debt in excess of 77% of that debt to GDP ratio that I'm talking about. Of course, I told you that we're around 100%. So We're already experiencing slower economic growth as a result of the size of our national debt. That is only going to get worse with the passage of time unless Congress really takes some steps here to reduce the growth of our annual budget deficit. (00:40–00:47)
CLAIM
Asserts that the national debt is currently causing slower economic growth.
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