In 2020, the four years following the pandemic, Biden and Democrats averaged deficits of $1.9 trillion. They didn't go back to pre pandemic levels of spending or deficit. Now, The CBO score would average have average deficits of $2.4 trillion in the next 10 years. Even the White House is what I would consider reasonably rosy scenario because it includes $2.8 trillion of tariff revenue, about 1.5 trillion of additional discretionary spending reductions. (01:51–01:57)
CLAIM
Asserts that the CBO projects average deficits of $2.4 trillion over the next 10 years.
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