National Debt on the Joe Rogan Experience

2 fact-checked claims across 1 episode · Nov 2024

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  1. our interest payments on the national debt now exceed the Defense Department budget so which is and the defense of our budget is like a trillion dollars a year.

    Musk claims US interest payments on the national debt now exceed the roughly one-trillion-dollar Defense Department budget.

  2. the interest payments which are already 23% of all government income, including income taxes, tariffs, and everything, is just going to pay interest right now.

    Musk claims interest payments already consume 23% of all US government revenue (income taxes, tariffs, and other receipts combined).