I like how he adds in that an increase in the deficit increases the interest due on the debt. Likeable guy.

💯. We got an answer for once. Very nice

It's because he doesnt have to plead the 5th. Like most other goverment witnesses.

I agree. He is very keen to answer Senator. Kenedy with his knowldege and experiences about our current national debt.

Bro got cut off right before he was gonna say that the fix is to tax the rich

When it starts with thank you for the question a big lie is coming 😂😂😂

Exactly 💯

"Thank you for the question" near-universally means "I'm not going to answer it"

Thank you for the question is just a way of running down the clock since these senators only get 5 minutes to ask questions.

He's def an anomaly. I was so pleased how he answered directly and honestly. He's a fish out of water for sure .

lets hope not

I liked his responses

Smdh sad but true

He’s a (R) that probably helps. Although he is the same as the others with regards to this Admin. No experience outside of the Federal Government. EVERY job he has had has been for Uncle Sam.

Correction, he spent a couple years at the IMF and also in education. Still nothing in the consumer based economy, no private industry experience.

@@kingjamesgorden3 So, Phd, IMF, education, and the government sector. Sounds like more experience than most.

@@JoshSlinkard If you are comparing to this admin we have going right now yes. Most of them are based off ideology not quality. However, as we have seen and is continuing to be the case, hiring folks who ONLY serve in government proves to continue the cycle of both the bureaucracy and the government being self serving institutions, not ones that work for the benefit of We The People.

Remember when Trump said Mexico would pay for the wall,, lol you and I are paying for it!!

It's all that racist math. Lol

@tomjones2202...the American tax payers have always paid for our border walls. The only revenue the federal government generates is from taxes. Trump never said Mexico would pay for the wall. That lie was perpetrated by people like you because the left winged media told you that. Trump said Mexico would "indirectly" pay for the wall via renegotiated trade laws.

Because that is what they told him Biden does not know where he is

Trump increased the debt more than any other president before him combined. RFK 2024!

Numbers don't lie. Math is finite, it's when you mix in politics is when it gets muddy.

that's how you tell if their lying "Thank you for the question Senator"

And that, my friend, is how to get fired by Sleepy Joe and his band of thugs!

@@jimlaporta8573he can get fired now and rehired by Trump after.

fun fact. you cant afford to give him a promotion. the US economy is fucked!

Thats all well and good, but those billions are NOTHING to the debt. Entitlements are driving out debt.

A drop in the bucket. Ukraine in total has received less than $200 billion in surplus equipment, while the cash is invested in American corporations. The Defense budget is $850 billion every year, year in and year out.

I agree and how much has been spent supporting ALL of the illegals crossing the border? Nationwide it's also billions of dollars so I agree stop supporting every country except the USA and I believe that would be a great thing for the removal of lots of debt

Can we get Kennedy and whoever this guy is to run our country for the next four years

It’s not just surplus equipment. Our optempo from our units here has slowed because we have shortages here. And total value is 550b, they just are “donating” this stuff at a decreased value because it’s been sitting in our warehouses. Our units go to the range less, DEI more, while they get more in two years than Israel has gotten since 1948. It’s not our fight, and most Veterans like me agree it’s not worth a war.

Yep. The complete opposite of a corrupt, lawless lying Dem.

Hardly a fully intelligent question by only focusing on the spend side of the equation, what about the income side and higher taxes?

@@jamesstevenson1296well, why talk about the money American citizens spend when the focus is entirely on what our government is spending using our tax dollars? That’s the job of these committees is to discuss what the government is doing not the American people. I didn’t ask for a war in Ukraine to be funded by my taxes nor the illegal immigration of millions of people who do not contribute to taxes and when this guy points out that my not only are my tax payer dollars being spent on things other than infrastructure and helping my fellow Americans, but they’re also spending my social security that a MAJORITY of Americans rely on after retirement to the point where I won’t see it….i guess I have the same questions as Kennedy solely focusing on where the hell they are spending our money.

💯!

Truth!

Social Security is NOT welfare. You said that you have paid into Social Security for over 47 years and thats your money. People like to call it welfare to give then an excuse to steal it.

THAT IS OUR MONEY SMARTIE

@carriedillmann4455 I agree! Why couldn't we have had him as a president 24 years ago ❤❤

And the witness is awesome, too. What's really going to happen: Extreme inflation will reduce the value of the debt that has to be repaid. Runaway inflation will reduce the debt to pennies on the dollar along with savings in dollars. Some people buy gold or real estate to get out of dollars into something tangible.

"I enjoyed talking to you Mr. Director" Respect for an honest conversation

He gets people to walk right into a trap he set.

A national treasure.

They invested OUR hard earned money into corporations they formed or bought up and the companies they funded...revenues should have went into OUR pockets not the politicians

The Left wants bigger and bigger government. Which is where a good deal of the jobs they take credit for have been created. Since most people don’t listen to their opposite political leanings words they take credit where being scolded should happen

You mean the IRS spies checking to make sure we report our yard sale proceeds? Allowing the IRS full access to our bank accounts? 🤬

so frustrating.. literally ZERO value added

Yeah I understand that the government is the only place that they're adding jobs to. So when they talk about we've got more jobs we have created more jobs, they're talking about these jobs are in the government. Not an industry, not in manufacturing, not in creating anything that continues to bring money in. Not any jobs and any type of production. We produce nothing all they are doing is adding jobs to government so therefore they need more tax money to pay more employees.

tell us whos doing that.

excellent plan

It's just like if we tried to borrow money in our great grandchild's name. Even though my child is 16 and has not become a parent😅. Say three generations before they exist I'm borrowing money in their name. That's what the government does. But it's our children our grandchildren are great grandchildren that they're taking money away from and leaving them in debt. And another thing I don't understand, with people changing sexes, getting on testosterone or hormone treatments, people being told that they are gay from birth, what makes any of these politicians think that we are going to have a couple more generations of people to pay down their debt? Say a quarter of the population was Unable to have children in the near future, who is going to pay off THEIR debt? These kids are getting sterilized by the dozens right now with all of this rhetoric.

A good start!

😂 I just thought of something. We have to spend our money wisely and pay our bills on time or else we have a terrible credit rating and we can get nothing. No credit card no loan for a car no loan for a home if we have bad credit. 😂 Just think if these people had to have the credit score they earned used against them. So while in office if you did not balance the budget and you created more debt and you did not pay your bills on time your credit score would be 100.😅😅 Then live with that😅😅

@@carma459the entire country score goes down which affects everyone.

that and given hundreds of billions to corrupt ukraine ..

thank Tump

You mean during the fawchi virus?

@@jungojerry1658 Trump admin printed a record amount of money in 2020 and signed into law $2.2 trillion

You nail it with "electronic dollars." Exactly what it is.

Well I heard that the stuff that was still on the ground to build the wall was already paid for. That the president decided to give it away

And I'd rather spend money on my security, my family security then give it to Ukraine. Do you have security cameras around your home, do you have a fence up? people are willing to spend money for the security of their home and their safety. Which is good thing. Especially now that we have over 10 million people from over 1570 countries pouring, pouring into this country. Why should we help you Ukraine with their borders but not protect our borders? You were saying it takes a lot of money to put up a border wall how much money do you think we have spent on Ukraine protecting their border? I heard it said, there were only three states that have more people in it than the amount of people that have already come over our borders. And these are just the ones we know about. Before January it might be up to 20 million illegal people that have crossed who knows?

Hire Kennedy for Pres??? Novel concept!

He is more effective in the Senate

He's a rhino.

@@kicnbac you mean rino……and no he is not

He is more effective as a senator. As president he would get his hands tied.

That's My money and none of you ever accepted me included me listened to me or was nice to me I have no sympathy

Same over here too. We were supposed to get an Increase in our SS Check recently, right? Well, yes mine went up but then the deduction for Medicare went up and my supplemental went up and wow guess what My total check ACTUALLY WENT DOWN by $30.00 WTF!!!???!!!

@@ScottCelaya Biden and Janet Yellen said inflation was transitory. That was 2 years ago.

In more ways than just debt and inflation...

😂😂

He should ask China for loan forgiveness

If you looked at the numbers and understood at his level the fiscal nightmare of US, you’d have mini freak outs too.

Look up what the top 3% of the wealthiest people pay in taxes.....what percent do they pay? You will not post that answer....btw, I'm not a rich person.....

@@BillyColeII-dr6dk The top 5% paid 65.8% of all tax revenues last year. Reported by the Tax Foundation. The bottom 50% paid 3% of all tax revenues. I think it's more of a spending thing. Maybe reduce foreign aid for wars by 50%, welfare by 10%/yr, and I'm sure there are other cuts that could be made. Just a thought. BTW, I'm not a rich person either. I have worked my whole life and paid taxes and paid off all of my school loans and those of my children and my home and car loans. I've done my share of helping out. Time for people to get off their butts and start paying their own way.

@@watsinit4me Amen...

China, I think.

That would bring us to a point where we only need to cut 5% across the rest of the board instead of 7%.

China, mostly, I think.

china

People who buy US treasuries including foreign reserve banks, commercial banks, investors, individuals, etc.