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Ron Johnson: “If you just project the, the taxes, fees and penalties at…”

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

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Ron Johnson on Morning Joe

Published | Video Starts at 05:30

All right, but here's the deficit risk because this thing supposedly is going to be paid for by taxes, fees, penalties and then cuts to Medicare, which you were talking about. Where are those going to be achieved? If you just project the, the taxes, fees and penalties at about 816 billion in that 10 year window, 2016-25, and the spending is going to be 2.4 trillion. That's a deficit risk of about $1.6 trillion when Obamacare really kicks in. It was an utter fiction that this was going to reduce the deficit. An utter fiction. So again, how is, how is that private? (05:30–05:45)

CLAIM

Asserts that there will be a $1.6 trillion deficit risk from 2016-2025 due to Obamacare.

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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