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%. (12:06–12:11)
CLAIM
Asserts that there was a fiscal contraction for fiscal year 2025.
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.