“40 years, we went from spending $1 trillion dollars on the entire federal budget to spending $1 trillion dollars on the interest on the debt of the federal government.”
Incredible. This is based on relatively low interest rate environments at least over the last few decades.
If interest rates were to double or triple then ... we are in a heap-a-trouble.
If Trump was successful in getting rid of a meaningful part of the bureaucracy, that would make it problematic for them to "size down." Which makes them even more terrified of that happening.