Look, in President Trump's first year, as we started the 119th Congress, so taking that first entire year, calendar year 2025, and comparing it to calendar year 2024, a very unique thing happened. We had about $360 billion worth of deficit reduction. We run approximately 1.8 to 1.9 trillion dollar deficit over the last few years. And it is, it has gone up considerably since COVID During President Biden's four years and the first year that Republicans had the White House, House and Senate, we had an extraordinary feat of $360 billion worth of deficit reduction. (02:13–02:21)
CLAIM
Asserts that the U.S. has had a deficit of approximately $1.8 to $1.9 trillion in recent years.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
