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Steve Bannon: “Our national security right now is $1 trillion. And we are…”

Featuring: Steve Bannon, Former White House Chief Strategist | National

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And, This is Steve Bannon | This is Gavin Newsom

Published | Video Starts at 53:43

In additional, no nation, a national security has ever survived as a major power when the interest payments on their debt go above what they pay for. National security at a trillion dollars we are now over. Our national security right now is $1 trillion. And we are, I think at about a trillion two to a trillion four in interest payments alone. But Steve, that's why this tax cuts, extending the tax cuts, it's reckless in this respect. I don't agree with that. I think if you want to have. (53:43–53:51)

CLAIM

Asserts that U.S. national security spending is $1 trillion, while interest payments are between $1.2 trillion and $1.4 trillion.

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.


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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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