That norm is under attack now when Americans are watching Congress debate about whether we're going to default on our debt. Can you imagine what Hamilton would say to that or what Calvin Coolidge would say to that? We have the highest debt we've ever had, like 34 trillion. And that obviously is not sustainable. And we're having arguments about whether it's because we had tax cuts that weren't paid for, or we are spending money that we are not raising to finding a way to pay for. (01:59–02:03)
CLAIM
Asserts that the U.S. national debt is approximately $34 trillion.
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