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Ron Johnson: “How would shifting this debt from a select few to all of our…”

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

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Senator Johnson at the Budget Committee

Published | Video Starts at 10:09

Ms. Chopra, you said the student debt is hampering our economy, hampering entrepreneurship, hampering a lot of good stuff. How would shifting this debt from a select few to all of our kids and grandkids, how would that help our economy, help entrepreneurship? Because that's all we'd be doing here is really shifting the debt burden from those that incur the debt to all of our kids and grandkids because we're already in deficit and we can't afford it and it's just going to be piling additional debt on our kids and grandkids. Correct. To refinance a loan in other product markets, such as the mortgage market. When broader interest rate environments change, it is common not only for homeowners, but also for … (10:09–10:29)

CLAIM

Asserts that shifting student debt to taxpayers would increase the national deficit and burden future generations.

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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