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Ron Johnson: “It would pay for 100% of interest, which is $256 billion.”

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

Senator Ron Johnson on the debt ceiling

Published June 22, 2011 | Video Starts at 06:10

Now, just take a look at the graph there. What does that show? $2.6 trillion is $800 billion more than we spent just 10 years ago under Bill Clinton. It would pay for 100% of interest, which is $256 billion. On the bottom, there's. You would pay for 100% of Social Security, which is $760 billion, and would still leave $1.6 trillion for Essential Defense security, health and safety spending. (06:10–06:14)

CLAIM

Asserts that $256 billion is needed to cover 100% of interest payments.

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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