Toby Doeden: “We balance the budget every year, but that doesn't mean…”

“I mean, listen, South Dakota is an $8 billion company that never, ever has money. They take in a dollar, they spend a dollar. They take in a dollar, they spend a dollar. We balance the budget every year, but that doesn't mean anything. Some people think that budget surplus is a swear word. I think budget surplus is what this state needs to get back on the right path again.” (14:10–14:15)

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.