John Barrasso: “The interest alone on [the national debt] is over $1…”

“I am such a fiscal hawk, Maria. I am concerned about the size of our national debt. It's $38 trillion, as you pointed out at the beginning of the show. The interest alone on [the national debt] is over $1 trillion a year. That's more than we spend on our military. So I think there would be some value in using some of that money to actually pay down our national debt.” (04:39–04:44)

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.