Spend what we're spending on those and plus those up by increases in population inflation and you know, magically you end up at 5.5 to $6.5 trillion of spending. 5.5 [trillion] would just about balance the budget. So again, concentrate on spending, spending, spending. I'm not interested in increasing taxes. Again, you can use tariffs a certain way. I don't really want to use them to raise revenue to put money into the federal coffers. (03:28–04:28)
CLAIM
Claims that a federal spending level of $5.5 trillion would nearly balance the U.S. budget.
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