Promises about Economy on Trump-O-Meter

Adopt the penny plan

"The 'Penny Plan' would reduce non-defense, non-safety net spending by one percent of the previous year’s total each year. Over 10 years, the plan will reduce spending (outlays) by almost $1 trillion without touching defense or entitlement spending."

Grow the economy by 4 percent a year

“We're bringing it (the GDP) from 1 percent up to 4 percent. And I actually think we can go higher than 4 percent. I think you can go to 5 percent or 6 percent.”

Eliminate the federal debt in 8 years

"We’ve got to get rid of the $19 trillion in debt. ... Well, I would say over a period of eight years. And I’ll tell you why.”

Balance the federal budget 'fairly quickly'

"It can be done. ... It will take place and it will go relatively quickly.  ... If you have the right people, like, in the agencies and the various people that do the balancing ... you can cut the numbers by two pennies and three pennies and balance a budget quickly and have a stronger and better country."