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Ron Johnson: “We're throwing $300 billion into PPP loans so those…”

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 03:04

People already will get $600 checks individually, 20 $400 for a family, for if you're unemployed, you get a $300 plus up to your state unemployment benefits. So there's a lot of targeted relief. We're throwing $300 billion into PPP loans so those businesses can keep people employed. So we're throwing a lot of money at the problem and, and not paying any attention whatsoever to the mounting debt. That is simply unsustainable. (03:04–03:10)

CLAIM

Asserts that $300 billion is allocated to PPP loans to maintain employment.

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

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“We're $27.5 trillion in debt. By the end of this fiscal year, It'll be over $29 trillion.”
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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.”
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“People are already going to get a family of four is going to get $2,400 in the relief bill that was just passed.”
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“People already will get $600 checks individually, $2,400 for a family of four.”
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“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.”
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“They'll get rid of the filibuster, which means they'll pass every bill on Bernie Sanders and AOC's wish list.”
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“They'll pack the Supreme Court, they'll pack the circuit courts, they'll pack the U.S. Senate.”
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“They'll turn D.C. and Puerto Rico into states pretty well, assuring four more Democrat senators.”
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“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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“The lack of transparency in too many places, the lack of an audit trail [in the 2020 election].”
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“Now people are talking about another $464 billion, like this is Monopoly money.”
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