And here, just a couple. Even with the meager economic growth we've had from 2009 to 2012, revenue to the federal government has increased by $344 billion per year. If we just return to a normal economy like we had in 2007...that would add another $435 billion per year. 2007 when the government collected about 18 half percent of our of GDP in revenue, just a little bit more than the 50 year average, that would add another $435 billion per year. (05:10–05:24)
CLAIM
Asserts that returning to a 2007-level economy would increase federal revenue by $435 billion annually.
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.
