Deficit's still enormous, but tariff revenue is helping. Last year's deficit in 24 was 1.86. This past year it finished in September. Government's on a September fiscal year 1.8. So a little improvement. Debt to GDP came down to 5.9 versus 6.4 last year. But these are still unprecedented levels of deficit spending. That's not in a war or during a recession. But you know it's going to be a big issue with the tariffs. (01:06–01:11)
CLAIM
Asserts that the debt-to-GDP ratio decreased from 6.4 to 5.9.
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