The other thing that has gone unnoticed with all the headlines is we actually had a smaller budget deficit last year. Not by much, but it went down. And the way the math works, The deficit to GDP, which is the important number, now has a five in front of it. You want to see a three, though? Yes. Still possible. Still possible. How do you get there? I mean, tariffs are helping, but not that much. Crawl, walk, run. (17:21–17:28)
CLAIM
Asserts that the deficit-to-GDP ratio is now in the 5% range.
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.
