You know, 10 years ago, our federal government over the last 10 years spent $28 trillion. The argument moving forward is the House budget would spend $40 trillion over the next 10 years. President Obama wants to spend $47 trillion [over the next 10 years]. We're not cutting anything. We're just trying to limit the rate of growth in government. I don't bet that Senator Conrad doesn't sound like a what about it is. (07:27–07:30)
CLAIM
Asserts that President Obama's budget proposal includes $47 trillion in spending over the next decade.
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.