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Matt Cartwright: “The interest payments [on the national debt] are a half a…”

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 08:43

That's fine going forward. And as long as you keep that to a reasonable level, you're all right. But at some point it gets so big that the debt service on it. The interest payments [on the national debt] are a half a trillion currently. Yeah, that sounds right. That becomes stifling and you start to think, well, I'd rather spend that half a trillion dollars on, you know, creating new ports or railroads or … (08:43–08:58)

CLAIM

Asserts that current interest payments on the national debt are approximately half a trillion dollars.

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