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Ron Johnson: “A dollar you held in 1998 is worth 51 cents.”

Featuring: Ron Johnson, Republican | U.S. Senate, Wisconsin

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Senator Ron Johnson on the Senate showdown over Trump's Big Beautiful Bill | All-In Interview

Published | Video Starts at 21:13

… massive deaths of spending is why you can't afford things, why your dollar you held in 2019 is only worth 80 cents versus the bucket should be. By the way, A dollar you held in 1998 is worth 51 cents. Okay? So again, we don't teach people there's no public pressure in terms of reducing spending or reducing the deficit. There's just virtually none, you know, from conservatives right now. (21:13–21:16)

CLAIM

Asserts that inflation has reduced the value of a dollar from 1998 to 51 cents.

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.


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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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