And it's certainly not affordable. He got about a trillion dollars in tax increases in the health care law. In addition, With the fiscal cliff deal, [President Obama] got another $600 billion [in tax increases]. So that's about $1.6 trillion with tax increases. Now we've in the Budget Control act, we got about $2.1 trillion of spending restraint. And you can kind of argue we've already done one Simpson Bowles. (06:56–06:58)
CLAIM
Asserts that the fiscal cliff deal resulted in an additional $600 billion in tax increases.
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.