We're supposedly the 535 member board of directors of the largest financial entity in the world and we don't even know in total what we spent. Now, because I raised that issue three years ago, people are aware, but they're looking at again, If you start at $7.3 trillion and try and cut your way through pre pandemic level, you'll never get there. You have to start at some pre pandemic level baseline. Again, I've laid out Clinton 1998, Obama 2014, even Trump's 2019. If you inflate that, you'd only be at 6.5 trillion. (11:48–11:55)
CLAIM
Asserts that starting budget cuts from $7.3 trillion will not reach pre-pandemic levels.
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.