I think the problem in Washington is too much spending. If you look historically, federal tax revenues historically have been roughly 18% of GDP. Federal spending has been roughly 20% of GDP in the last three years. It's gone from 20% of GDP to 25%. Yeah, but revenues have gone down to 15% of GDP. Well, and part of that has been the policies of this administration. (05:21–05:26)
CLAIM
Asserts that federal spending has been about 20% of GDP in the last three years.
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