When he was in office, he enacted a true trillion dollar tax cut, $2 trillion tax cut that overwhelmingly benefited the very wealthy, the biggest corporations, and drove up federal deficit every single year of his presidency. He left office with the largest annual deficit in American history, $3 trillion. And by the way, I made a commitment when I got elected and my vice president made a similar. No one making under $400,000 will see a single penny in their taxes raised. (18:27–18:32)
CLAIM
Asserts that the previous administration left office with a $3 trillion annual deficit, the largest in U.S. history.
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.
