Detailed text transcripts for TV channel - CNN - 20180422:10:58:00
Than the cbo projected a few months ago. now you might have noticed that i said the u.s. will run trillion dollar deficit again. well, that is because during the financial crisis the annual deficits surpassed a trillion dollars four times and at its peak it hit 1.4 trillion in the last year's first year of obama and the highest ever. >> we have to confront the fact our government spends more than it takes in. that is not sustainable. >> we face a crushing burden of debt. the debt will soon eclipse our entire economy and grow to catastrophic levels in the years ahead. >> reporter: the differenc...
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