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John Cornyn: “We're paying more money on interest on the national debt…”

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

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Cornyn Exposes Expanded Obamacare Subsidies Fraud Scheme

Published | Video Starts at 00:11

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.

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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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