So, you know, for example, the chairman realized at some point in time, he's trying to solve fiscal mismanagement with monetary solutions that doesn't last forever. At some point in time, Interest rates are going to increase. That will have a dramatic effect on our debt and deficit and our ability to spend on needed programs. So he really understands this. I know he's worried, as am I, and that there gets us back to the point again. (03:58–04:05)
CLAIM
Asserts that rising interest rates will significantly impact debt, deficit, and spending capabilities.
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.
