But all other spending, I've increased the total outlays by population growth and inflation. So these are three options ranging from 5.5 trillion up to 6.5 trillion. It's interesting. If President Trump or President Biden projected revenue for 2025 at 5.5 trillion, if we'd use the Clinton baseline, we'd have a balanced budget. So it's within our grasp if we know how to do it. And that's what I want to really talk about. Yesterday at Senate lunch with Republicans, I just asked a question. (00:55–01:07)
CLAIM
Asserts that using a Clinton-era baseline with projected 2025 revenue could result in a balanced budget.
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