The pandemic was a once in a lifetime thing as well. But we didn't stop spending at those levels. We went up from 4.4 to 6.5. We pretty well averaged that. This year we spent about $7 trillion. No family. If they had an illness and they had to borrow $50,000, spend, spend it on medical bills, if that member got well, they wouldn't keep borrowing $50,000 and spend at that level. (09:54–09:57)
CLAIM
Asserts that the U.S. spent approximately $7 trillion in the current year.
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