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Nicholas Begich: “That's more than 40% of all personal income taxes going to…”

Featuring: Nicholas Begich, Republican | U.S. House Alaska At-large District

Monday 4/29/24 - Author Travis J.I. Corcoran; US House Candidate Nick Begich

Published April 29, 2024 | Video Starts at 1:28:39

Right. So right now we're spending over a trillion dollars a year, projected to go as high as $1.7 trillion a year in just interest. That's more than 40% of all personal income taxes going to pay the interest portion of the bill. And as that rolls forward, it just gets worse. And so I think you got to lower the interest rates. That's one thing that we can do. (1:28:39–1:28:45)

CLAIM

Asserts that more than 40% of personal income taxes are used to pay interest.

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.

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Nicholas Begich

“Kodiak is sort of at carrying capacity for brown bears.”
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“The House is very narrow majority for the Republicans, and the Democrats are trying to pull that majority over to their side.”
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“The map looks very favorable for Republicans with the Senate, but the House is a toss up.”
Monday 4/29/24 - Author Travis J.I. Corcoran; US House Candidate Nick Begich | Uploaded April 29, 2024 | 1:06:35-1:06:43
“There are five districts that Donald Trump won in 2020, that Democrats won in 2022, and Alaska is one of those five.”
Monday 4/29/24 - Author Travis J.I. Corcoran; US House Candidate Nick Begich | Uploaded April 29, 2024 | 1:07:04-1:07:13
“It's a huge defense priority for the left.”
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“You're actually using tax dollars for sitting members of Congress to, and I'm using air quotes for those on the radio, inform you of all of…”
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“It's nothing but campaigning.”
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“Somebody who's already got, amassed two and a half million dollars cash on hand, as you mentioned earlier, has over $4 million in pledged…”
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“It's a true waste of your money. And frankly, I think it's unethical.”
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“I don't think anyone on the left or the right should be doing that.”
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“It took over a month to find this speaker.”
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“Leadership came out and they said, look, we're not going to advance these foreign bills without certainty that we're taking care of our…”
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“If you can't campaign on these issues in a strong way, I promise you this, when you get to DC, you won't do anything about it.”
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“If someone's afraid to talk about it on the campaign trail, they'll definitely be afraid to do anything about it in DC.”
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“People who are afraid to go on radio, right, on a streamed broadcast like this, or who really limit that exposure, that tells you a lot.”
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“My big priority for Alaska is to return as many federal lands to the people of Alaska as possible.”
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“We need to greatly diminish the control that the federal government has over Alaska lands.”
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“The Biden administration [is] preventing Alaskans from having access to our own property.”
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“We see that with the Ambler district mining road.”
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“We see that in King Cove.”
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“It prevents us from actually utilizing the lands that have been selected for development by the state of Alaska and by private landowners.”
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“We need a big package specific to Alaska.”
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“We've seen this with ANCSA. We saw it with Anoka.”
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“There's no reason why we can't have another package that clarifies critical access issues.”
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“Moves some of these, more of these, these properties that are owned and controlled by the federal government into state and local hands.”
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“I want to be one of the hopefully growing chorus of voices calling for lower federal spending.”
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“The growth of government is absolutely out of control.”
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“Japan has an absolute collapse in the yen.”
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“The yen is down 30% on the US dollar in the last year.”
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“The government of Japan is having to intervene in order to protect the yen from falling too precipitously.”
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“I don't believe that we need incredible deficit spending in order to fuel our economy.”
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“The founders were very concerned about the idea of the creation of a central bank.”
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“We need to get the interest rates back down.”
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“We need to eliminate certain entire departments of government, the Department of Education being one of them.”
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“There was no Department of Education until Jimmy Carter created [it].”
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“Balanced budget amendment spending cap, these kinds of things will legally constrain the growth of government.”
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“Argentina went full socialist. They remained socialist for several decades.”
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“They elected a hard libertarian with Javier Millay.”
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“He cut tens of thousands of positions across the government, deleted agency after agency.”
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“The currency is now stabilized. He's only been in office for a few months.”
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“There's a direct connection between our fiscal health and our national security.”
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“If we lose the balance sheet of our nation, we don't have the ability to defend our nation.”
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“We know every three to 700 years, there's a massive tidal wave that comes through [Seattle, Portland].”
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“We know for a stone cold fact that at some point in the not too distant future, there will be a catastrophic event in that region [Seattle…”
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“There's nothing special about us that makes us immune to math.”
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“We have taken 99.9% of our funding from individuals, and more than half of that has come from inside the state of Alaska.”
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