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Ron Johnson: “If we are faced with what I'd call the debt ceiling budget…”

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

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Senator Johnson Discusses Debt Ceiling with Administration Official, GAO

Published | Video Starts at 07:45

Yes, sure. I mean, and again, I'm not recommending this. I hope it doesn't happen. But If we are faced with what I'd call the debt ceiling budget of $2.6 trillion, we'd be able to pay for all the interest on the debt, which is about 256 billion. We pay for all Social Security, which would be about 760 billion, and that would still leave $1.6 trillion for essential defense security, health and safety. (07:45–07:51)

CLAIM

Asserts that a $2.6 trillion budget could cover $256 billion in interest on the debt.

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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