Gavin Newsom: “CBO is at 3.4 trillion. 10 years or 4.7, depends on which…”

“You and I were talking about these four or five major tax cuts in the Bush and Trump. Come on, you talk about debt, look in the mirror. CBO is at 3.4 trillion. 10 years or 4.7, depends on which CBO report I read. I mean, it's madness. It's madness. We're spending more on interest than we are national defense. So this is not sustainable. Entitlement issues.” (29:06–29:13)

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.