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. CBO projects over the next 10 years, we will add another $22 trillion to the debt. That's what our projected deficits over the next 10 years is, $22 trillion. Again, that's assuming about a $4 trillion increase because of taxes are scheduled to automatically increase if those taxes don't increase. (10:07–10:15)
CLAIM
Asserts that the Congressional Budget Office projects an additional $22 trillion in debt over the next 10 years.
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