This year we're seeing very good foreign demand. But as you said, the trajectory, we have to get it back under control. As I talked earlier, We need to get back to something with a 3 in front of it in terms of deficit to GDP. Reason I came out from behind my desk was I was worried that many people, especially as Vice President Harris was campaigning, wanted to go into a European style social democracy. (04:15–04:25)
CLAIM
Asserts the need to reduce the deficit to GDP ratio to below 4%.
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.
