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Ron Johnson: “A dollar you held the start of the Biden administration is…”

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

Ron Johnson, Mandela Barnes face off in TMJ4 U.S. Senate Debate: Watch the full broadcast

Published October 13, 2022 | Video Starts at 10:10

I was warning about stagflation early in 2021. So the solution is stop the deficit spending, stop growing our debt. But understand that A dollar you held the start of the Biden administration is now worth only 88.3 cents. It's crushing everyone, but particularly crushing seniors on a fixed income. So let me just follow up on that because you just can't stop government spending. (10:10–10:16)

CLAIM

Asserts that the value of a dollar has decreased to 88.3 cents since Biden's administration began.

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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Ron Johnson

“Lt. Governor Barnes...is chauffeured around by State Patrol costing taxpayers over $600,000 through last November.”
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“President Biden...put forward another $1.9 trillion Covid relief package when we had a trillion and a quarter left unspent from the previous…”
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“If we just return to the interest rate that we experienced in the last three decades of the last century, 5.4%, that would add $1.2 trillion…”
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“We're dealing with 7,000 people per day being encountered [at the border].”
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“The administration in Wisconsin... reduced [the prison population] 15%, including paroling 884 criminals, 784 were violent.”
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“My tax cuts for more than 20 million tax filers help small businesses compete with the big guys and survive the pandemic.”
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“My right to try law is saving lives.”
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“I produced a law rights tribe that saved lives.”
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“My Joseph project has transformed lives by helping people to get really good paying jobs.”
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“My opponent...ignores 570 riots, the 2,000 law enforcement officers injured during the summer riots, and he incited the Kenosha riots.”
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“Lt. Governor Barnes supports all this massive debt spending, including $369 billion on the green New Deal energy boondoggles.”
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“Mr. Barnes and I immediately and forcefully and repeatedly condemned the violence from January 6th.”
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“There aren't many senators can say they got tax cuts for 20 million businesses.”
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“It's out of control deficit spending. I voted against most of it.”
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“Stop the deficit spending and become energy independent. Stop the war on fossil fuel.”
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“The individuals working at minimum wage are very small percentage.”
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“Most people looking for jobs right now are probably getting 12, 13, 14 or $15 an hour starting wage.”
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“The problem people are having is the out of control inflation caused by out of control deficit spending.”
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“A dollar you had at the start of the Biden administration is only worth 88.3 cents.”
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“We have to get deficit spending out of control and will never get it under control with Democrats in power.”
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“I've worked in the private sector for over 40 years.”
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“I've worked shift work, started with very humble beginnings.”
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“We have transformed lives of people by giving them the dignity of earning their own success.”
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“I started up a program called the Joseph Project. The inner city. This provided hundreds of jobs and transformed lives.”
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“I want to save Social Security. I want to save Medicare.”
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“Social Security recipients are going to get an 8.7% raise, but that only keeps them equal with what they lost because of Biden's inflation.”
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“A $100,000 nest egg that a senior had is now only worth $88,300.”
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“The federal government, through their inflation, Democrats, inflation basically taking $12,000 out of that senior's account.”
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“Under Biden, we just had two quarters of negative growth because they don't have a clue how to run an economy.”
Ron Johnson, Mandela Barnes face off in TMJ4 U.S. Senate Debate: Watch the full broadcast | Uploaded October 13, 2022 | 20:26-20:33
“We have to look at all of government spending and start prioritizing Social Security, Medicare, [and] Defense spending.”
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“By 2033-2035, the Social Security trust fund runs out.”
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“Benefits are already exceeding the amount of revenue coming in [to Social Security].”
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“We can't afford to spend money on $369 billion on the green New Deal energy boondoggles.”
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“My Joseph Project offers a second chance by providing formerly incarcerated individuals opportunities to turn the life around.”
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“We should keep qualified immunity. That would be a real assault on law enforcement.”
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“Senator Tim Scott was negotiating for police reform and he had a very strong bipartisan bill.”
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“I would not support delimiting qualified immunity. I think that'd be a real attack on law enforcement.”
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“I proposed a while one time single issue referendum to decide at what point does society have the responsibility to protect life.”
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“Governor Evers proposed a referendum basically codify Roe v. Wade. That's not what I'm talking about.”
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“If I do get reelected and we do have a Republican governor, I will use all my influence to try and convince the legislator, the governor, to…”
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“We don't have the money for [a federal family paid leave bill].”
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“If you force [paid family leave] on the private sector, you will start reducing jobs. You could put businesses out of work.”
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“Companies that can afford it because they're having to compete with for, for workers are offering paid family leave.”
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“Governor Barnes has never created a job. He's never signed the front of a paycheck.”
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“As chairman of Homeland Security Government Affairs Committee, I held probably three dozen hearings on some aspects of our open border and…”
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“We developed something called Operation Safe Return that actually morphed into Return to Mexico, which pretty well solved the problem of…”
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“The flow of deadly drugs is killing our people.”
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“It has cost us more not to complete the wall that we already contracted for than to actually build it.”
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“Lieutenant Governor Mandela would want to give illegal immigrants a driver's license.”
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“In state tuition, that would be a more of a magnet for more illegal immigration.”
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“President Biden canceled [the China Initiative].”
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