And of course you're going to have inflation when that ends up happening. Now the Fed's had to hike interest rates. Why does that, why is that important for the budget? Because The interest on the debt is now this massive line item that we have to service our debt with. And so that's gone up hundreds of billions of dollars just since then. Look, I think they're fighting in Washington now. (23:40–23:46)
CLAIM
Asserts that interest on the national debt has become a significant budgetary expense.
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