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. He [the President] said in the State of the Union, he's going to balance the budget. Fine. But I know in his mind he thinks he's going to balance the budget with tariff revenue. I'm sorry, Tariffs are a tax. We're not quite sure who pays them. (11:45–57:05)
CLAIM
Asserts that the President claimed he would balance the budget in the State of the Union address.
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.
