How is that realistic? Well, Medicare and Social Security are now, I think, within a nine year window of insolvency. It's a very serious situation. And We're about to cross the $35 trillion threshold. 72 something. 70, 72 point something percent of federal spending is mandatory spending. And so in order to right the ship, you have to evaluate all the factors and make sure that you're doing right by the people. (37:21–37:25)
CLAIM
Asserts that the national debt is nearing $35 trillion.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
