Johnson on Adding to the Nat’l Debt: In the Last Trump Admin, ‘We Brought About the Greatest Economy’ in the History of the World

RUSH EXCERPT:
JOHNSON: "Well, I think that is dramatically overstated. And here‘s why. Everyone can. Those same groups can objectively see and acknowledge that this is the largest cut in spending in at least 30 years, and arguably of all time, we‘re cutting over $1.5 trillion in federal spending while we check all the boxes and bring about a pro-growth economy. And the cbo has been panned because, as you said, they don‘t do dynamic scoring. What that means is they don‘t account for the growth that will be fostered by all the policies that are in this, this, this big piece of legislation. This is not theoretical, Jake. Just remember the last Trump Administration, after the first two years, we brought about the greatest economy in the history of the world, not just the U.S. The growth was off the charts. It was an average of about 3% growth in GDP. Why? Because we cut taxes and we cut regulations. We‘re doing the same thing this time around. But on steroids. This is a much larger package, a much more robust package with all these features that will really get the economy going because wages will rise. Job creators, entrepreneurs, risk takers will have more ability to expand their businesses. U.S. Manufacturing onshore is being incentivized. All these things will work together to make the economy grow faster than many of these. These projections are putting forth. So we‘re not buying it. We‘ll see what happens. And we have the evidence to prove it from the past."