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Ron Johnson: “We're $27.5 trillion in debt. By the end of this fiscal…”

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

Sen. Ron Johnson on Squawk Box: We need to target relief

Published December 31, 2020 | Video Starts at 01:22

We've authorized about $4 trillion of aid, but we did it in shotgun approach and we don't have an unlimited checking account. We're $27.5 trillion in debt. By the end of this fiscal year, It'll be over $29 trillion. And I keep hearing $2,000 checks. If you have a family of four, it will be an $8,000 check, family of five, $10,000 check. And many, many, many of those individuals have been working. (01:22–01:28)

CLAIM

Asserts that the national debt is currently $27.5 trillion and will exceed $29 trillion by the fiscal year's end.

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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Ron Johnson

“About 18% of [the last stimulus checks] was spent on essential items.”
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“There are some real serious issues in states like Pennsylvania where, you know, apparently the voter rolls are not being reported by the…”
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“We've just witnessed $4 trillion of bipartisan cooperation. I don't think we had to allocate and authorize $4 trillion to address the COVID…”
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“It's at another $464 billion onto our already enormous debt that's out of control and unsustainable.”
Sen. Ron Johnson on Squawk Box: We need to target relief | Uploaded December 31, 2020 | 00:40-00:48
“People are already going to get a family of four is going to get $2,400 in the relief bill that was just passed.”
Sen. Ron Johnson on Squawk Box: We need to target relief | Uploaded December 31, 2020 | 01:50-01:54
“People already will get $600 checks individually, $2,400 for a family of four.”
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“We're throwing $300 billion into PPP loans so those businesses can keep people employed.”
Sen. Ron Johnson on Squawk Box: We need to target relief | Uploaded December 31, 2020 | 03:04-03:10
“We absolutely have to win those two Georgia Senate seats or what Democrats will do with the United States Senate. They'll change it forever.”
Sen. Ron Johnson on Squawk Box: We need to target relief | Uploaded December 31, 2020 | 04:19-04:28
“They'll get rid of the filibuster, which means they'll pass every bill on Bernie Sanders and AOC's wish list.”
Sen. Ron Johnson on Squawk Box: We need to target relief | Uploaded December 31, 2020 | 04:27-04:34
“They'll pack the Supreme Court, they'll pack the circuit courts, they'll pack the U.S. Senate.”
Sen. Ron Johnson on Squawk Box: We need to target relief | Uploaded December 31, 2020 | 04:33-04:33
“They'll turn D.C. and Puerto Rico into states pretty well, assuring four more Democrat senators.”
Sen. Ron Johnson on Squawk Box: We need to target relief | Uploaded December 31, 2020 | 04:38-04:44
“It's an unsustainable state of affairs where you have such a large majority of the American population...not agreeing that the 2016 result…”
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“Now you've got on the other side, tens of millions of people not believing this election result was legitimate.”
Sen. Ron Johnson on Squawk Box: We need to target relief | Uploaded December 31, 2020 | 06:20-06:27
“There are irregularities that have not been explained [in the 2020 election].”
Sen. Ron Johnson on Squawk Box: We need to target relief | Uploaded December 31, 2020 | 07:45-07:48
“The lack of transparency in too many places, the lack of an audit trail [in the 2020 election].”
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“Chris Krebs testified in our hearing, you know, said it's the most secure election, but admitted in our hearing he was only talking about…”
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“I supported $2.2 trillion that we did fast. We did it massively so that markets wouldn't collapse.”
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“Now people are talking about another $464 billion, like this is Monopoly money.”
Sen. Ron Johnson on Squawk Box: We need to target relief | Uploaded December 31, 2020 | 11:01-11:05
“I came here in 2011, our debt was $14 trillion. Now it's, it's basically doubled and there's no end in sight.”
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“The social media companies have masked way too much power.”
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“Section 230 really in my mind has two parts. One needs to be retained and that's, you know, giving them liability protection from people…”
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“They need to be completely transparent in terms of what their policies are on censorship.”
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