Ron Johnson: “We don't have a revenue problem. We have a spending problem.”

“I'll be issuing that next week that lays out exactly what this is, gives different growth scenarios showing how difficult it is going to be to grow our way out of this. I'm all for economic growth. We have to address spending. We don't have a revenue problem. We have a spending problem. And this bill just doesn't go far enough to address that problem.” (03:46–03:49)

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.