EXCERPT:
YARMUTH: “I’m sure when the national debt reached $1 billion under Abraham Lincoln, I know they were saying it when it reached a trillion dollars under Ronald Reagan because I was -- I heard all that stuff back then. So a trillion dollars under Reagan, it’s now turned to 28 trillion. Has anybody been asked to pay part of that debt? No because we don’t have to. Again, we have a sovereign currency. We are not like businesses, we are not like families, we are not like state governments we are not like local governments. We don’t have the balance and checkbook. We are like the banker and monopoly. We create the money.”