Cortez

It's almost touched 4.5%.

What I would stipulate, Steve, as a guy who traded bonds for 25 years, if that 10-year yield gets anywhere near 5%, we've got a massive problem on our hands and a prolonged war will put it there.

Because already our biggest expense, even bigger than defense, at least in normal times, now the war might change this, but in normal times, even bigger than defense is interest on our debt.

So the reality is we have to be grownups here.

We can't do everything we want because we don't have the money.

So if this is worth doing for a prolonged period of time, and if this is worth

boots on the ground, not only do we have to make the case, not only do the war folks, pro-war folks have to make the case why it's strategically important, but also is it worth borrowing this much money to pay for?

And is it worth taking an already tough economy for regular Americans, working class people before the war, very deeply, deeply unhappy with the economy?

Is it worth risking making that economy far, far worse for working class Americans?

No, that is correct.

Listen, I mean, bond yields have moved steadily higher, but they have done so in a reasonable and rational way.

There are no breakdowns in the bond market.

There's plenty of liquidity there.

So it is a very orderly transition.

But nonetheless, that doesn't mean that it's not perilous for the United States to see debt markets demanding more and more premium, meaning more and more interest from the United States this way.

And by the way, it sends all the interest rates in your life higher, whether it's a credit card,

Sheridan Gorman, in this regard, she joins a long line of Americans who have been killed, ruthlessly killed by illegal aliens in totally preventable crimes.

It's a tragic sorority of sorts of women who became victimized at the hands of assailants who never belonged in our country and wouldn't be here if it weren't for radical Democrats.

I'm talking about people like Kate Steinle, Lakin Riley,

Sandra Duran.