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Celeste Maloy: “The Deficit declined from 6.3% to 5% of GDP.”

Featuring: Celeste Maloy, Republican | U.S. House Utah, 2nd Congressional District

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Positive Progress on the Deficit

Published | Video Starts at 00:28

According to the Congressional Budget Office, the federal deficit fell by 41 billion in fiscal year 2025. That's a 2% reduction. That brought our deficit down to 1.8 trillion. Even more importantly, as a share of our economy, The Deficit declined from 6.3% to 5% of GDP. So what does that mean for you? When we get our fiscal house in order, we're fighting inflation and keeping costs down and we're protecting the value of every dollar you earn and every dollar you save. (00:28–00:35)

CLAIM

Asserts that the deficit as a percentage of GDP decreased from 6.3% to 5%.

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.


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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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