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Ron Johnson: “Three years ago [the individual share of the federal debt]…”

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

U.S. Sen. Ron Johnson at the Republican National Convention

Published September 1, 2012 | Video Starts at 01:19

When they come into my office, I ask them, do you know what your share of the federal debt is? Your individual share? Nobody knows. I tell them, well, Three years ago [the individual share of the federal debt] was about $33,000. Currently it's over $50,000 and in 10 years it'll be close to $80,000. Then I always said, well, but at the same time you'll get your grandparents share. Add another 160 grand, you'll get your parents share 160 grand. (01:19–01:29)

CLAIM

Asserts the projected increase in individual share of federal debt over time.

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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