While we can look forward with cautious optimism that our economy is stable, we must stay alert to sudden economic turns. To that end, My budget includes a record high reserve in the Rainy Day fund of $1.3 billion. Just imagine, 10 years ago, the Rainy Day Fund had a balance of $330 million. Four years ago, due to the pandemic, it was drained to zero. (09:53–10:01)
CLAIM
Asserts that the Rainy Day fund reserve is at a record high of $1.3 billion.
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