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Ron Johnson: “The estimate is $24 trillion, $7 trillion higher.”

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

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WATCH: Ron Johnson Explains To Congress 'How To Balance The Federal Budget'

Published | Video Starts at 07:04

And the main point of this chart is when you go back to the CBO projection prior to the pandemic, CBO is projecting the next 10 years from 2037 to 2035. We'd have about a $17.4 trillion deficit versus now. The estimate is $24 trillion, $7 trillion higher. Okay, now, quick point. Yes. The one big beautiful bill scored about $4 trillion. Most of that was preventing a massive automatic tax increase, which again I will point out, … (07:04–07:09)

CLAIM

Asserts that the estimated spending is $24 trillion, which is $7 trillion higher than a previous estimate.

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