They can buy the bonds on the open market. Oftentimes they discount, retire them. Then we save money on interest. And so if you take all of Florida's debt … We've retired more than half of [Florida's debt since statehood] just since I've been governor. … going with this budget. But what you do do is you save. We've saved hundreds of millions of dollars in interest costs that we now don't have to pay because we're doing that early. (01:33–01:34)
CLAIM
Asserts that more than half of Florida's state debt has been retired during his governorship.
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.
