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Ron Johnson: “The president's budget would add $12 trillion to our…”

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

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Senator Ron Johnson on CNBC's Squawk Box

Published | Video Starts at 02:12

We're Talking about a $3.7 trillion a year budget and it's going to be decided by a couple of people. What I'm hearing is about $1 trillion in savings. The president's budget would add $12 trillion to our nation's debt over the next 10 years. We're going to bankrupt this nation. $1 trillion doesn't even begin to solve the problem. We came here to actually prevent the bankrupting of America. (02:12–02:18)

CLAIM

Claims that the president's budget proposal would increase national debt by $12 trillion in a decade.

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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