Temporary tax cut for a year, permanent Increase in tax rates. Senator Johnson, aren't people smarter than Robert Rice thinks they are? I believe so. Let's, let's face it, We already tried the payroll tax reduction to the tune of $120 billion in additional defic spending. It didn't work. Take a look at growth rates. And We've also tried $4 trillion of Keynesian economic stimulus. It also didn't work. We're down 2 million jobs even though they were telling us it would create 3 to 9 million jobs. (02:31–02:39)
CLAIM
Asserts that a $120 billion payroll tax reduction did not stimulate economic growth.
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