I'll tell you Maria, what we got to do, we got to get the short term in order before we get the long term in order so that we had a fiscal contraction for fiscal year 2025 that when I got to treasury that The year before we had had the worst budget deficit when we weren't in war, were In a recession, 6.7% of GDP. we brought that down to about 5.5, 5.4%. And I've talked about trying to get it down something with a three in front of it by the time the president leaves office. (12:12–12:22)
CLAIM
Asserts that the previous year had the worst budget deficit at 6.7% of GDP outside of war or recession.
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