When I ran in 2010, we'd just experienced our first deficits in excess of trillion dollars. We were spending about $3.5 trillion a year. 3.5. So it's more than double just since 2010. We're spending $7,000 billion dollars, $7 trillion. And CBO projects over the next 10 years, we will add another $22 trillion to the debt. That's what our projected deficits over the next 10 years is, $22 trillion. (10:02–10:07)
CLAIM
Asserts that current U.S. government spending is $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.