You can, you know, I'm going to be issuing a report I've been working on over the weekend. We're doing different scenarios based on different growth scenarios. You literally have to get to about 4% growth before you start bending that deficit curve down. You know, that trajectory down toward balance, 3%, that kind of flattens it out, averages about $2.1 trillion in deficits over the next 10 years. (03:37–03:44)
CLAIM
Asserts that 4% economic growth is needed to reduce the deficit trajectory.
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.
