Donald Trump Asked Point Blank About The Rising National Debt During His Term In Office

last year

At the presidential debate on Thursday, former President Donald Trump spoke about the national debt.

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Transcript

00:00President Trump, over the last eight years, under both of your administrations, the national

00:04debt soared to record highs.

00:06And according to a new nonpartisan analysis, President Trump, your administration approved

00:10$8.4 trillion in new debt, while so far, President Biden, you've approved $4.3 trillion in new

00:16debt.

00:17So, former President Trump, many of the tax cuts that you signed into law are set to expire

00:21next year.

00:22You want to extend them and go even further, you say.

00:25With the U.S. facing trillion-dollar deficits and record debt, why should top earners and

00:31corporations pay even less in taxes than they do now?

00:34Because the tax cuts spurred the greatest economy that we've ever seen, just prior to

00:38COVID.

00:39And even after COVID, it was so strong that we were able to get through COVID much better

00:42than just about any other country.

00:44But we spurred, that tax spurred.

00:46Now, when we cut the taxes, as an example, the corporate tax was cut down to 21 percent

00:52from 39 percent, plus beyond that.

00:55We took in more revenue with much less tax, and companies were bringing back trillions

00:59of dollars back into our country.

01:02The country was going like never before.

01:05And we were ready to start paying down debt.

01:07We're ready to start using the liquid gold right under our feet, the oil and gas right

01:11under our feet.

01:12We were going to have something that nobody else has had.

01:15We got hit with COVID.

01:16We did a lot to fix it.

01:17I gave him an unbelievable situation with all of the therapeutics and all of the things

01:23that we came up with.

01:25We gave him something great.

01:26Remember, more people died under his administration, even though we had largely fixed it.

01:33More people died under his administration than our administration.

01:36And we were right in the middle of it, something which a lot of people don't like to talk about.

01:40But he had far more people dying in his administration.

01:44He did the mandate, which is a disaster, mandating it.

01:47The vaccine went out.

01:48He did a mandate on the vaccine, which is the thing that people most objected to about

01:52the vaccine.

01:54And he did a very poor job, just a very poor job.

01:56And I will tell you, not only poor there, but throughout the entire world, we're no

02:00longer respected as a country.

02:02They don't respect our leadership.

02:04They don't respect the United States anymore.

02:06We're like a third world nation between weaponization of his election, trying to go after his political

02:12opponent.

02:13All of the things he's done, we've become like a third world nation.

02:16And it's a shame the damage he's done to our country.

02:20And I'd love to ask him, and will, why he allowed millions of people to come in here

02:24from prisons, jails and mental institutions to come into our country and destroy our country.

Donald Trump Asked Point Blank About The Rising National Debt During His Term In Office

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