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Ron Johnson: “One of the ways you get economic growth is to restore…”

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

Ron Johnson at Budget Committee -- March 15

Published March 15, 2011 | Video Starts at 00:51

And I want to first concentrate a little bit of. But on that. I want to talk a little bit in terms of the current cer. From my standpoint, One of the ways you get economic growth is to restore confidence. And the fact that we're still toying around with funding this fiscal year's budget is just amazing to me. So the House has proposed a $61 billion cut to real spending. (00:51–00:55)

CLAIM

Asserts that restoring confidence is a method to achieve economic growth.

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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Ron Johnson

“In 2008, according to the Tax Foundation, the top 1% paid 38% of the total income tax.”
Ron Johnson at Budget Committee -- March 15 | Uploaded March 15, 2011 | 07:45-07:52
“The top 5%, almost 60% [of the total income tax].”
Ron Johnson at Budget Committee -- March 15 | Uploaded March 15, 2011 | 07:51-07:54
“The top 50% paid 97% of all income tax.”
Ron Johnson at Budget Committee -- March 15 | Uploaded March 15, 2011 | 07:54-07:58
“The fact that we're still toying around with funding this fiscal year's budget is just amazing to me.”
Ron Johnson at Budget Committee -- March 15 | Uploaded March 15, 2011 | 00:55-01:04
“The House has proposed a $61 billion cut to real spending.”
Ron Johnson at Budget Committee -- March 15 | Uploaded March 15, 2011 | 01:04-01:12
“I believe that [a $61 billion cut] would be a real confidence boost.”
Ron Johnson at Budget Committee -- March 15 | Uploaded March 15, 2011 | 01:11-01:14
“My concern with any kind of temporary tax decreases is I think the history proves those are generally just saved.”
Ron Johnson at Budget Committee -- March 15 | Uploaded March 15, 2011 | 03:55-04:02
“Isn't one of our problems that we've actually narrowed the tax base?”
Ron Johnson at Budget Committee -- March 15 | Uploaded March 15, 2011 | 08:05-08:10
“One of the things you're trying to do with the national sales tax is actually broaden [the tax base].”
Ron Johnson at Budget Committee -- March 15 | Uploaded March 15, 2011 | 08:09-08:14