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Ron Johnson: “At 1.8% growth, we never really go below 6% [deficit as a…”

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

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WATCH: Ron Johnson Explains To Congress 'How To Balance The Federal Budget'

Published | Video Starts at 03:47

Otherwise, we've been over that. And this chart shows CBO's current baseline, which is based on 1.8% growth, which I think people might. Hopefully we do better than that. But At 1.8% growth, we never really go below 6% [deficit as a percentage of GDP]. Even if you grow 3%, you're still not getting down to a 3% level of GDP. You literally have to have 4% growth over the next decade for us to dip below 3% in the last three years of this decade. (03:47–03:52)

CLAIM

Asserts that with 1.8% economic growth, the deficit will not go below 6% of GDP.

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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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