What does that mean? It would mean we would have to live within our means. What a concept, huh? What would our means be? According to President Obama's own budget, We will be getting in $2.6 trillion worth of revenue next year [according to President Obama's budget]. Now that, just to put that in context, that compares to 10 years ago under Bill Clinton. Remember when everything was rosy, we spent $1.8 trillion. (02:07–02:15)
CLAIM
Asserts that the U.S. government is projected to receive $2.6 trillion in revenue next year.
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.
