In eight short years, Social Security, Medicare, they're going to be insolvent and our debt's going to be $50 trillion. So you have an insolvency on one hand and then you have debt on the other. And We're now a trillion dollars in interest payments on the debt. Do you know who objects to that more than anybody else? This will surprise you. The defense Department. Because they're afraid, right, that there's not enough money left over to fund the government, the legitimate functions of government. (12:26–12:30)
CLAIM
Asserts that the United States is currently paying $1 trillion in interest on the national debt.
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.
