Because if we don't increase that debt ceiling right away, we would have to live within our means. And that would be, according to the president's own budget, $2.6 trillion. Dana, That's $800 billion more than we spent just 10 years ago under Bill Clinton. It wouldn't have to be a crisis if we actually planned for it. So that was the purpose of that letter. And I've been very disappointed that this president has not led on this issue at all. (02:28–02:33)
CLAIM
Asserts that the current budget is $800 billion more than it was a decade ago under President Clinton.
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.
