Ron Johnson: “When [I] entered Congress, our nation's total debt was $14.7…”

“… and ranking member of the full committee, Chairman Crapo and Senator Wyden and their staff for all the help and facilitators facilitating this what I consider a pretty important hearing. When [I] entered Congress, our nation's total debt was $14.7 trillion and 96% of GDP. Soon it will hit and surpass 39 trillion and 124% of GDP. Within 10 years, it will almost certainly exceed $60 trillion and 134% of GDP. Although both sides claim to be concerned about our dire fiscal situation, neither side, and let me emphasize that neither side, has demonstrated a genuine desire to seriously address it.” (00:35–00:48)

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