The core function of the federal government, the debt that was accumulated during those Covid years, which was a massive increase in debt that was done with very low interest rates. Now the that's coming up for refinance at higher rates. And so You're going to end up potentially $1.4 trillion a year of your tax dollars is just poof, gone because it's having to pay interest on the debt. We're in a much different situation today than we were in the 90s when Senator Craig and the bipartisan group of congressmen came very close to getting this. (10:11–10:24)
CLAIM
Asserts that $1.4 trillion annually may be spent on debt interest.
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