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Ron Johnson: “Federal revenue was 17.1% of our economy. Right now federal…”

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

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Senator Ron Johnson Discusses Federal Reconciliation Budget Bill and Economic Policies

Published | Video Starts at 04:22

It's not tax cuts. It's preventing a tax increase. And it is true. The Tax Cut and Jobs act when we enacted that Federal revenue was 17.1% of our economy. Right now federal revenue is 17.1% of our economy. So we actually lowered rates and we're still taking in over 10 years now the same percentage of GDP. (04:22–04:29)

CLAIM

Asserts that federal revenue as a percentage of the economy has remained constant at 17.1%.

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