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Ron Johnson: “I believe that [a $61 billion cut] would be a real…”

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

Ron Johnson at Budget Committee -- March 15

Published March 15, 2011 | Video Starts at 01:11

And the fact that we're still toying around with funding this fiscal year's budget is just amazing to me. So the House has proposed a $61 billion cut to real spending. I believe that [a $61 billion cut] would be a real confidence boost. And I just kind of like to get your comment on what's happening currently between the House and the Senate. (01:11–01:14)

CLAIM

Asserts that a $61 billion cut would boost confidence.

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Ron Johnson

“In 2008, according to the Tax Foundation, the top 1% paid 38% of the total income tax.”
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“The top 5%, almost 60% [of the total income tax].”
Ron Johnson at Budget Committee -- March 15 | Uploaded March 15, 2011 | 07:51-07:54
“The top 50% paid 97% of all income tax.”
Ron Johnson at Budget Committee -- March 15 | Uploaded March 15, 2011 | 07:54-07:58
“One of the ways you get economic growth is to restore confidence.”
Ron Johnson at Budget Committee -- March 15 | Uploaded March 15, 2011 | 00:51-00:55
“The fact that we're still toying around with funding this fiscal year's budget is just amazing to me.”
Ron Johnson at Budget Committee -- March 15 | Uploaded March 15, 2011 | 00:55-01:04
“The House has proposed a $61 billion cut to real spending.”
Ron Johnson at Budget Committee -- March 15 | Uploaded March 15, 2011 | 01:04-01:12
“My concern with any kind of temporary tax decreases is I think the history proves those are generally just saved.”
Ron Johnson at Budget Committee -- March 15 | Uploaded March 15, 2011 | 03:55-04:02
“Isn't one of our problems that we've actually narrowed the tax base?”
Ron Johnson at Budget Committee -- March 15 | Uploaded March 15, 2011 | 08:05-08:10
“One of the things you're trying to do with the national sales tax is actually broaden [the tax base].”
Ron Johnson at Budget Committee -- March 15 | Uploaded March 15, 2011 | 08:09-08:14