Do you think Moody's has it wrong? Well, I think what we're seeing is this bill is a step in the right direction. Would I like to go further? Absolutely. We have a serious and significant long term structural deficit, in particular brought upon by four reckless years of spending under the Biden administration. That said, this is a step in the right direction. And so, as President Reagan would say, if you can take half a loaf, take half a loaf. (02:54–03:02)
CLAIM
Asserts that the long-term structural deficit is due to four years of spending under the Biden administration.
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.
