… challenged down the road if we are unable to do it, because we are now X percent of our budget is all being spent towards servicing the debt. In fact, The day will come when the servicing of the debt could eat up the entire federal budget. So basically everything else we're doing is all entirely on borrowed money, which only exacerbates that situation, which is why what we've seen now is so concerning what the pandemic hit. (30:45–30:50)
CLAIM
Asserts that future debt servicing could consume the entire federal budget.
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