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Jared Golden: “We're around 100% [debt to GDP ratio].”

Featuring: Jared Golden, Democratic | U.S. House, Maine's 2nd Congressional District

Rep. Jared Golden on Fiscal Responsibility and National Security

Published November 16, 2023 | Video Starts at 00:37

… growth slows by roughly.017% 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% [debt to GDP ratio]. So we're already experiencing slower economic growth as a result of the size of our national debt. (00:37–00:40)

CLAIM

Asserts that the current debt-to-GDP ratio is approximately 100%.

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.

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