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John Cornyn: “It would double the debt in five years, triple it in 10.”

Featuring: John Cornyn, Republican | U.S. Senate, Texas

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Floor Statement The Impact of President's Proposed Budget on Future Generations

Published | Video Starts at 08:30

The non partisan office which evaluates financial matters for Congress, says that the President's budget will actually create deficits averaging nearly $1 trillion a year for the next decade. I mentioned the fact It would double the debt in five years, triple it in 10. And the congressional Budget Office said the size of the national debt as a percentage of the economy will become the highest since the years after World War II. (08:30–08:34)

CLAIM

Asserts that the national debt will double in five years and triple in ten years under the current budget.

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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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