We don't know. And I think that's an element of policy uncertainty. It has to be a drag on the economy right now. One of the things we did, and We held a hearing in our Homeland Security Committee with CBO Director hall and we've converted their long term fiscal scenarios, the alternate fiscal scenario converted that to dollars. And that shows over the next 30 years, which I think is really our problem. The data, demographic bubble, baby boom generation, all the promises made, can't pay for them, showed a deficit projected over about $103 trillion over the next 30 years. Talk about unsustainable. Talk to me a little bit about what is being measured in those indicators. Either one of you. The indicators that Dr. Taylor was talking about. (04:09–04:34)
CLAIM
Asserts that the U.S. is projected to have a $103 trillion deficit over the next 30 years.
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.
