An Unsustainable Fiscal Path

[Jolly]

Debt...

https://markets.businessinsider.com/news/bonds/us-debt-crisis-government-spending-unsustainable-defaults-interest-rates-imf-2023-10

[George K]

That's largely due to the rapid pace of government spending, with the US already having racked up a $1.5 trillion deficit in the first 11 months of the fiscal year, according to a recent Brookings Institution estimate.

That's simply not true. Biden said so.

[Jolly]

He probably did, but he probably doesn't remember it.