I want to remind people we recently hit $39 trillion in debt in this country. We are borrowing about 25 or 26 percent of our budget. I think all of the folks back home ought to stop and think. Can you imagine what it is like borrowing 26 percent of your budget? It is utterly reckless for anyone to do that in their life or their business, but that is what we are doing right now. Right now, about 14 percent of our tax dollars sent to Washington already go to interest. Obviously, that is the beginning of the downward spiral toward bankruptcy when 14 percent of our budget is on interest. What I will ask--I am sure we will be asked to spend money on a supplemental for the war in Iran, and I am prepared to do that. I do ask leadership to step up to the plate and pass a reconciliation bill or appropriation bills that are a little more responsible than the irresponsible ones in the past.
Editor's note · Context
Discussing national debt and budget priorities in relation to potential spending on the war in Iran.
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