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Matt Cartwright: “A big part of the national debt that exists today and it's…”

Featuring: Matt Cartwright, Democratic | Former U.S. House, Pennsylvania, District 8

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The Volpe Report - Sunday Feb 26, 2023 - US Rep. Matt Cartwright

Published | Video Starts at 12:14

But you can cut those things. But I think you have to have a balanced approach, which means cutting spending on the one hand and increasing revenue on the other hand. A big part of the national debt that exists today and it's over $30 trillion right now. A big part of benefit came about after 2017 when we had these massive tax cuts for corporations. And 86% of those tax cut benefited the top 1% and big American corporations. (12:14–12:21)

CLAIM

Asserts that the current national debt exceeds $30 trillion.

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