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Scott Fitzgerald: “Since 08, government debt held by the public has increased…”

Featuring: Scott Fitzgerald, Republican | U.S. House of Representatives, Wisconsin, District 5

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Rep. Fitzgerald Discusses How to Reduce Balance Sheet Strain

Published | Video Starts at 00:43

So we heard a lot more about that from market participants almost immediately after the end of the crisis. Yeah, because Since 08, government debt held by the public has increased by nearly 27 trillion. Wasn't all caused, despite what you might hear from some members of Congress. By the 2017 tax cut and the big beautiful bill. (00:43–00:51)

CLAIM

Asserts that public-held government debt has increased by nearly $27 trillion since 2008.

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