When I ran in 2010, we'd just experienced our first deficits in excess of trillion dollars. We were spending about $3.5 trillion a year. 3.5. So it's more than double just since 2010. Biden averaged $1.9 trillion per year in deficit. So Obama when he left his last four years, 550. Trump before the pandemic, a little more than 800 billion per year. Biden in his four years went up to 1.9 trillion. (12:18–12:24)
CLAIM
Asserts that under President Biden, the average annual deficit is $1.9 trillion.
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.
