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Ron Johnson: “The federal government is spending 25% of our entire economy…”

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

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Senator Ron Johnson on CNBC's Squawk Box

Published | Video Starts at 06:45

And all we're saying is let's pass a constitutional limitation to the size of government, which, by the way, that's the root cause of problem. The fact that The federal government is spending 25% of our entire economy versus 100 years ago, we spent only 2%. The problem is the size, the scope, all the regulations and the cost of government. That's the root cause. That's what a constitutional amendment would actually address. (06:45–06:52)

CLAIM

Claims that federal government spending is now 25% of the economy compared to 2% a century ago.

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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