Dusty Johnson: “We're $2,000 billion dollars upside down.”

“I mean, we could put into place Joe Biden's billionaires tax that he proposed in his last State of the Union address that would generate $50 billion. That's a lot of money. But We're $2,000 billion dollars upside down. Like, even people on the far left should be willing to acknowledge that the tax increases alone aren't going to get it done. And so some cuts are absolutely inarguably necessary.” (18:15–18:18)

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.