Watch the clip here.

TRANSCRIPT

HOST: Have you changed your outlook on how to handle entitlements—Social Security, Medicare, Medicaid, Mr. President? It seems like something has to be done, or we're going to be stuck at 120% debt-to-GDP forever.

PRESIDENT TRUMP: So, first of all, there is a lot you can do in terms of entitlements, in terms of cutting in terms of also the theft and the bad management of entitlemtents. Tremendous bad management of entitlements. There's tremendous amounts of things and numbers of things you can do. So, I don't necessarily agree with the statement.