Ron Johnson: “Our total Federal expenditures were $1.8 trillion [10 years…”

“So on that chart, if it's on the screen, what you see is 10 years ago, under President Bill Clinton, Our total Federal expenditures were $1.8 trillion [10 years ago]. Now, in just 10 years, we've doubled that to $3.7 trillion. The Ryan plan calls for a reduction in spending down to $3.5 trillion. Now, if we don't increase the debt ceiling, instead of, again, the administration says we'll be defaulting on the debt, but I don't see how that would be possible.” (05:20–05:36)

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