Interest rates are lower than where they were. You know what's up right now? Wages are actually higher than where they were two years ago. The deficit is down because we cut $1.6 trillion in wasteful spending. Every Democrat opposed that, by the way, because Democrats wanted to see a tax increase on every single working family in America. We stopped that from happening. (12:22–12:28)
CLAIM
Asserts that the deficit has decreased due to a $1.6 trillion cut in wasteful spending.
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.
