The problem is there is no later. There is now. This town has been kicking the can down the road for decades. You can't do it anymore. We just spent $7 trillion. As a country that raises 5 trillion in taxes. And by the way, We've never raised 5 trillion in taxes in America. We did last year. We have to cut spending. There isn't a tax increase alive that can fill the gap. (35:29–35:33)
CLAIM
Asserts that the U.S. raises $5 trillion in taxes.
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.
