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Ron Johnson: “It just simply isn't fair that the rest of the states would…”

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

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Senator Johnson on Squawkbox -- 2/23/11

Published | Video Starts at 06:03

Plus you'd run into the problem where a lot of the states in the deepest trouble are blue. And you, you'd be faced with the picture of the White House favoring blue states. Right. Illinois, California. Outside of politics, It just simply isn't fair that the rest of the states would have to pony up and tax their citizens to bail out the citizens of the states that have not been responsible. Yes, it wouldn't be fair. So the federal government bails out the states and then the foreigners buy the treasuries. So that's terrible. Yeah, that's what we're doing. (06:03–06:13)

CLAIM

Asserts that it is unfair for responsible states to bail out fiscally irresponsible states.

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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