Tell us about this invisible tax that Ron DeSantis is setting up here. So let me give you hard numbers behind it. So Joe Biden spent basically $4.7 trillion after the economy had already come out of COVID. Remember, we spent about $4 trillion during the heart of COVID So he spent 4.7. Well, when you spend that amount of money, the Federal Reserve, which is the bank for the federal government, had to monetize that debt. (01:50–01:58)
CLAIM
Asserts that Joe Biden spent $4.7 trillion post-COVID recovery.
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.
