But Joe Biden and his Democratic allies take the cake for the damage that they have done. We basically have racked up $7 trillion more in debt in just the last three and a half years. We're consistently running well over a trillion dollars in deficit spending every year. Our debt to our GDP is now over 120%. So what do these numbers all mean? It means that government spending is going to start crowding everything out. (00:43–00:50)
CLAIM
Asserts that the U.S. has an annual deficit spending exceeding one trillion dollars.
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.
