"It's a paper case," defense attorney Todd Blanche says. "This case is not about an encounter with Stormy Daniels 18 years ago. An encounter that President Trump has unequivocally and repeatedly denied ever occurred. It's not even about a settlement in 2016," Blanche said.

"The bookings were accurate. And there was absolutely no intent to defraud," he said. "And beyond that, there was no conspiracy to influence the 2016 election."

Starting a PowerPoint showing the evidence, Blanche quickly seeks to made the case a referendum on the credibility of Michael Cohen, telling jurors he lied on the witness stand.

"You cannot convict President Trump of any crime beyond a reasonable doubt on the words of Michael Cohen," Blanche said.

"He told you a number of things on that witness stand that were lies, pure and simple," Blanche continued.

"The words that Michael Cohen said to you on that stand -- they matter. He took an oath, he swore to tell the truth, and he told you a number of things on that witness stand that were lies, pure and simple," Blanche said.

"I'm going to start with something I can say i think with confidence … which is just to thank you. To thank you for your jury service," defense attorney Todd Blanche told jurors to begin his closing argument.

"Each of you will decide ... whether President Trump is guilty or not guilty," he said.

All eyes in this courtroom are on Blanche. Every member of Trump's family is looking at him. The jurors are staring at him, many with pens in their hands ready to take notes.

"President Trump is innocent," Blanche said. "He did not commit any crimes, and the district attorney has not met their burden of proof. Period."

Defense counsel Todd Blanche says he has a 2.5-hour closing, "maybe a little longer."

Prosecutors say they estimate they have a 4 or 4.5-hour closing.

“Defense counsel must come up first, and the prosecutor must follow,” Judge Merchan said.

Merchan says he will ask the jury if they will work later than 4:30 p.m. to do all the closings in one day.

Judge Juan Merchan has taken his seat at the bench.

"Good morning, counsel. Good morning, Mr. Trump," Merchan said in his normal greeting to start the proceedings.

The parties returned from break, during which Trump commented on the prosecutions' arguments on his social media platform, writing, "BORING!" and "FILIBUSTER!"

Back in court, prosecutor Josh Steinglass walked the jury through the evidence and testimony about the meeting when Trump approved Michael Cohen's repayment plan in 2017 -- the arrangement that prompted the falsification of business records.

Steinglass began with the the bank statement that had been entered into evidence.

"Right on the bank statement, Weisselberg and Cohen calculated all the money owed to Cohen," Steinglass said, referring to then-Trump Organization CFO Allen Weisselberg.

Cohen testified about meeting with Trump and Weisselberg in the days ahead of Trump's inauguration when the payment plan was approved.

"Weisselberg discussed the reimbursement plan with Trump and Cohen," Steinglass said. "Mr. Trump approved the payment plan."