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Ron Johnson: “Every American share of our federal debt is now $56,000…”

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

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Chairman Johnson at Euro Affairs Subcomm hearing on financial crisis in Greece

Published | Video Starts at 01:07

I was expecting the debt per capita of Greece to be a whole lot worse than the debt per capita here in the US But I found the exact opposite. So as of the first quarter, the end of the first quarter of 2015, Every American share of our federal debt is now $56,000. Over $56,000. If you are a citizen of Greece, your share of Greek's federal debt is about 31,000. And I think one of the questions I have for our eminent witnesses is how can that be? And what does that really portend for America's future as well? (01:07–01:21)

CLAIM

Asserts that the U.S. federal debt per capita is over $56,000, compared to Greece's $31,000.

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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