Until and unless we deal with this mandatory spending, we are never going to deal with this mountain of debt now approaching $36 trillion. And We are paying more money for interest on the national debt than we are on our own defense, which is 2.7% of our GDP. So we finally kicked the can down the road to the point we've run out of road. That's true both in terms of our fiscal condition and in terms of our national security. (03:46–03:59)
CLAIM
Asserts that interest payments on the national debt exceed defense spending, which is 2.7% of GDP.
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