$4,400 billion spent in 2019, $7,000 billion dollars spent this year, projected to spend 7,300 billion next year. And now let's kind of bring this back to the debate that we're talking about on the one big beautiful bill. We've got a structural deficit of around 6% right now. CBO is projecting over the next 10 years, 6%. So federal revenue will be, according to CBO, 18.1, even though it's about 17.1. (06:19–06:23)
CLAIM
Asserts that the U.S. has a structural deficit of approximately 6%.
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.
