What's kind of depressing about my charts is it lays out a pretty depressing reality. Let me throw some more numbers. Under The Bush administration, eight years, they average deficits of $250 billion a year. Obama came in his first four years, 1.3 trillion. That sparked the Tea Party movement. That's where I came into town. The Tea Party movement had an impact. And those deficits in his last term were $550 billion. (02:04–02:09)
CLAIM
Asserts that the average annual deficit during Obama's first four years was $1.3 trillion.
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.
