And so in order to save Social Security, you have to understand what is the greatest threat. It's the massive deaths of spending. One of the reasons we get away with massive deficits spending is 70% of our federal budget is completely off budget. Nobody ever looks at it. And so we just whistle past the graveyard, ignoring the looming debt crisis that we may be seeing the inklings of it with 8.2% inflation. (03:51–03:55)
CLAIM
Asserts that 70% of the U.S. federal budget is not subject to regular budgetary scrutiny.
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.
