U.S. national debt

“Yesterday, the CBO put out a projection. This is the budget office I think Congress, and they said that the US national debt is likely to reach 202% of GDP by 20 51.”

“The classic example, the debt was the worst thing in the world during Obama's presidency, and then Trump comes in office, starts doing up these tax packages that are adding to it, and suddenly it's no problem.”

“If we look at the wars the U.S. Has engaged in since September, it's estimated three to four million people have died in Iraq, Pakistan, Afghanistan. We spent eight trillion dollars. Inflation adjusted, we spent four trillion in World War II. Eight trillion re…”

“In eight years, Obama added eight Trillion. So it was one trillion a year. These new guys getting close to two trillion per year. So they doubled the velocity of spending.”

“The House passed the big, beautiful bill at the 11th hour last night. This makes the TCGA tax cuts permanent and it's estimated to increase long run GDP by 60 basis points. That's if all the cuts were implemented. It's also going to reduce tax revenue by four …”

“That's just the wishful thinking of people putting forward a policy, a one big beautiful bill that doesn't live up to its name, but actually Actually exacerbates the problem.”

“The CBO projection right now that is adding another 22 trillion dollars to our debt, it certainly would add at least that. I would argue probably add another three or four trillion dollars, so it's not gonna be 59 trillion, it's gonna be more like 62, 63 trill…”

“I don't know a single person who's got a, any kind of plan to fix it. I think we're just gonna ride it into whatever the point of oblivion is.”

“What happens if Powell rips in a hundred basis point cut right now? I'll tell you. So one part which is mathematical is the interest on the debt goes down. We save three hundred billion”

“The amount of debt that we have in the country is something that is, we're starting to see manifest itself in the markets, and we'll make it so that they look for alternatives if they feel like the return characteristics of a treasury are different than what t…”