Ron Johnson: “The major element of this bill is to prevent a massive…”

“GOP Senator Ron Johnson sits on the Finance Committee as well as the Budget Committee. Senator, thanks so much for joining the program. Good morning. By the way, The major element of this bill is to prevent a massive automatic tax increase, about $4 trillion. We're trying to avoid that. That's the main element of the bill. So again, the Democrats are just lying, which is not unusual.” (00:52–00:58)

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.