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Ron Johnson: “It literally would take about a 3% average growth, which we…”

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

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Senator Ron Johnson Discusses Budget Reconciliation and Medicaid Reform on Tudor Dixon Podcast

Published | Video Starts at 13:36

I mean, what it's going to take to balance a budget and economic growth just won't do it. I mean, you can have 3% growth and that kind of flattens the curve, but It literally would take about a 3% average growth, which we haven't had since the last century, and we've been averaging about 2.1%, 2.21% since the year 2000. and about a 15% reduction in spending. And nobody's even coming close to, by the way, that would be right in the midpoint of my 5.5 to $6.5 trillion pre pandemic baseline. (13:36–13:47)

CLAIM

Asserts that the U.S. has averaged about 2.1% growth since 2000, below the 3% needed for budget balance.

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