… things, I ended up saving over $40 billion, reducing the deficit and the debt by over $40 billion. And the driver was because of spectrum auction authority, we brought in, We will bring in $100 billion to pay down the debt [through spectrum auction authority]. That's real money. But it's not the biggest piece of this. The biggest piece of this is by auctioning this spectrum off, we will open up billions and billions of dollars of private sector investment. (28:17–28:25)
CLAIM
Asserts that spectrum auction authority will generate $100 billion to reduce the national debt.
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