We imported more food last year than we exported in America. For the first time ever, we built more foreign autos in America than we built domestic autos in America. There's a first. The interest payment on the national debt is now larger than the entire Department of Defense budget. There's a first. The average credit card holder for America has almost quadrupled. It just surpassed $1 trillion in credit card debt across America. There's a first. Never been done. (01:13–01:23)
CLAIM
Asserts that interest payments on the national debt exceed the Department of Defense budget.
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.
