But we also, at the same time, we've got to be serious about debt reduction. And you and I both know that's the really the greatest national security risk that we have is our debt. There was a Moody's report that came out, I think in the last few days and it estimates that within a nine year window we'll be spending 30% of our federal receipts on the interest on the debt alone if we don't reverse the curse. And so we're serious about that and we're going to do debt reduction in this as well. So we've got to pay down the 36 trillion in debt we have right now while we spur on economic growth. (06:19–06:32)
CLAIM
Asserts that a Moody's report estimates 30% of federal receipts will go to debt interest in nine years without intervention.
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