Thank you, Mr. Chairman. Dr. Holtz. Eak. And I think our national debt is approaching $38 trillion. Yes. And We're paying more money on interest on the national debt than we are on defense of the nation. That's correct. Which strikes me as unsustainable. I hear proponents of the status quo, these very expensive ACA subsidies, saying we should just keep using more tax dollars to subsidize insurance companies and not look at reforms of the current system. (00:11–00:16)
CLAIM
Asserts that interest payments on the national debt exceed defense spending.
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.