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Ron Johnson: “We've got to reform [mandatory spending programs] because…”

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

Senator Ron Johnson on CSPAN's Washington Journal

Published December 11, 2013 | Video Starts at 28:01

I'm willing to take a look at and willing to consider because that really is the long term driver of debt and deficit is the mandatory spending programs. You know, We've got to reform [mandatory spending programs] because they're simply insolvent right now. They're unsustainable. So if you can trade true structural reform for the mandatory spending program and part of the political compromise you have to make, and that's, I mean that's political reality. (28:01–28:07)

CLAIM

Asserts that mandatory spending programs are currently insolvent and unsustainable.

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

“The Social Security Trust Fund has no monetary value to the federal government.”
Senator Ron Johnson on CSPAN's Washington Journal | Uploaded December 11, 2013 | 01:33-01:37
“Social Security will hemorrhage $12.7 trillion over the next 30 years.”
Senator Ron Johnson on CSPAN's Washington Journal | Uploaded December 11, 2013 | 02:24-02:29
“Medicare is even worse, probably about $36 trillion over the next 30 years of deficits.”
Senator Ron Johnson on CSPAN's Washington Journal | Uploaded December 11, 2013 | 02:32-02:37
“We're showing $107 trillion of deficit spending over the next 30 years.”
Senator Ron Johnson on CSPAN's Washington Journal | Uploaded December 11, 2013 | 14:29-14:34
“Only the federal government could take three and a half years, spend almost a billion dollars and still not have any function[al] website.”
Senator Ron Johnson on CSPAN's Washington Journal | Uploaded December 11, 2013 | 30:43-31:28
“Estimates of 80 to 100 million Americans losing their employer sponsored care, being forced to purchase insurance through the exchanges.”
Senator Ron Johnson on CSPAN's Washington Journal | Uploaded December 11, 2013 | 31:50-31:58
“The cost to comply with regulations [is] about $1.8 trillion, a figure that's larger than all but eight economies in the world.”
Senator Ron Johnson on CSPAN's Washington Journal | Uploaded December 11, 2013 | 36:18-36:24
“Tom [Coburn] has identified about 48 different jobs training programs spending about $31 billion per year.”
Senator Ron Johnson on CSPAN's Washington Journal | Uploaded December 11, 2013 | 03:19-08:40
“Over 30 years somewhere between 56 and $107 trillion of deficits.”
Senator Ron Johnson on CSPAN's Washington Journal | Uploaded December 11, 2013 | 04:20-04:26
“President Obama got about a trillion dollars in tax increases in the health care law.”
Senator Ron Johnson on CSPAN's Washington Journal | Uploaded December 11, 2013 | 06:50-06:55
“With the fiscal cliff deal, [President Obama] got another $600 billion [in tax increases].”
Senator Ron Johnson on CSPAN's Washington Journal | Uploaded December 11, 2013 | 06:56-06:58
“In the Budget Control Act, we got about $2.1 trillion of spending restraint.”
Senator Ron Johnson on CSPAN's Washington Journal | Uploaded December 11, 2013 | 07:01-07:07
“In fiscal year 2013, we raised $669 billion more in federal revenue through economic growth.”
Senator Ron Johnson on CSPAN's Washington Journal | Uploaded December 11, 2013 | 07:35-07:48
“The tax increase President Obama got, fiscal cliff over 10 years is $600 billion.”
Senator Ron Johnson on CSPAN's Washington Journal | Uploaded December 11, 2013 | 07:54-07:59
“Your share of the federal debt today, your individual share is $54,000.”
Senator Ron Johnson on CSPAN's Washington Journal | Uploaded December 11, 2013 | 09:10-09:15
“Federal workers on average are compensated higher than private sector people.”
Senator Ron Johnson on CSPAN's Washington Journal | Uploaded December 11, 2013 | 16:52-16:58
“In terms of the total cost of benefits for federal workers, somewhere in the $40,000 range.”
Senator Ron Johnson on CSPAN's Washington Journal | Uploaded December 11, 2013 | 17:11-17:17
“For state and local public officials, somewhere in the $30,000 range.”
Senator Ron Johnson on CSPAN's Washington Journal | Uploaded December 11, 2013 | 17:16-17:20
“For private sector workers, it's mid teens, 15, $16,000.”
Senator Ron Johnson on CSPAN's Washington Journal | Uploaded December 11, 2013 | 17:19-17:25
“There's no reason at all, none, zero, to ever default on any obligation.”
Senator Ron Johnson on CSPAN's Washington Journal | Uploaded December 11, 2013 | 19:12-19:18
“We haven't passed an appropriation bill in the Senate in two years.”
Senator Ron Johnson on CSPAN's Washington Journal | Uploaded December 11, 2013 | 21:58-22:03
“We've been keeping interest rates artificially low.”
Senator Ron Johnson on CSPAN's Washington Journal | Uploaded December 11, 2013 | 23:34-23:36
“We create these asset bubbles. We've created an asset bubble certainly in the housing market.”
Senator Ron Johnson on CSPAN's Washington Journal | Uploaded December 11, 2013 | 26:49-26:54
“The long term driver of debt and deficit is the mandatory spending programs.”
Senator Ron Johnson on CSPAN's Washington Journal | Uploaded December 11, 2013 | 27:57-28:02
“I've heard some web experts say that the type of site that healthcare.gov is would have cost between 5 and $10 million in the private…”
Senator Ron Johnson on CSPAN's Washington Journal | Uploaded December 11, 2013 | 30:48-30:58
“Millions of Americans lost their health care, those individuals on the individual market.”
Senator Ron Johnson on CSPAN's Washington Journal | Uploaded December 11, 2013 | 31:03-31:08
“You can see employers starting to drop employer based coverage in the tens of millions.”
Senator Ron Johnson on CSPAN's Washington Journal | Uploaded December 11, 2013 | 31:44-31:49
“If you're a 27 year old male, your premiums are going to increase by 124% [in Wisconsin].”
Senator Ron Johnson on CSPAN's Washington Journal | Uploaded December 11, 2013 | 33:26-33:32
“If you're a female 27 years old, they're going up by about 78% [in Wisconsin].”
Senator Ron Johnson on CSPAN's Washington Journal | Uploaded December 11, 2013 | 33:35-33:39
“The Patient Protection Affordable Care Act is doing neither [protecting patients nor making care affordable].”
Senator Ron Johnson on CSPAN's Washington Journal | Uploaded December 11, 2013 | 33:35-33:44
“We did not bend the cost curve down. We dramatically increased the cost curve.”
Senator Ron Johnson on CSPAN's Washington Journal | Uploaded December 11, 2013 | 33:45-33:50
“From 2009 to 2013, we've increased revenue [to] the federal government by $669 billion without a tax increase.”
Senator Ron Johnson on CSPAN's Washington Journal | Uploaded December 11, 2013 | 35:59-36:08
“It's hard to convey how dysfunctional Washington D.C. is.”
Senator Ron Johnson on CSPAN's Washington Journal | Uploaded December 11, 2013 | 37:14-37:14
“Fiscal clifty, I think that was, you know, we got the final language of that at 1:36 in the morning. We had to vote on it at 1:39 in the…”
Senator Ron Johnson on CSPAN's Washington Journal | Uploaded December 11, 2013 | 37:24-37:33
“Right now President Obama feels that probably the only thing he can do now is through the regulatory agencies, basically legislate through…”
Senator Ron Johnson on CSPAN's Washington Journal | Uploaded December 11, 2013 | 38:54-39:02
“Iran's economy is about a $500 billion economy.”
Senator Ron Johnson on CSPAN's Washington Journal | Uploaded December 11, 2013 | 39:51-39:55
“The sanctions themselves had maybe about a 10% effect on [Iran's economy].”
Senator Ron Johnson on CSPAN's Washington Journal | Uploaded December 11, 2013 | 39:55-39:59