… first of the year that we need to return to a reasonable pre pandemic level spending. And I laid out the options. I think this was an extraordinary event, pandemic. We went from $4.4 trillion in spending to $7 trillion this year. That's a 58% increase. There's no justification for that. So we have to return to a reasonable pre pandemic level. (01:20–01:26)
CLAIM
Asserts that federal spending increased by 58% from $4.4 trillion to $7 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.