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Ron Johnson: “In 1998, we had a surplus.”

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

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DC breakfast with U.S. Sen. Ron Johnson

Published | Video Starts at 14:45

It's literally insane. So what I've done is I said, okay, we have to return to a reasonable pre pandemic level of spending. And so I went back and went to In 1998, we had a surplus. He spent $1.65 trillion back in 1998. Again, I don't think we spent too little back in 1998. Now, you increase that by population inflation. (14:45–14:52)

CLAIM

Asserts that the U.S. had a budget surplus in 1998.

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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