Sen. Johnson: The First Goal of Our Budget Reconciliation Should Be to Reduce the Deficit, This Increases It
RUSH EXCERPT:
JOHNSON: "Well, first of all. Let me say I have nothing but respect for Speaker Johnson. I understand and sympathize with the challenge he has. I have nothing but support for what President Trump is trying to do. I love the way he‘s acting boldly and swiftly, decisively to fix the enormous messes left by the Biden Administration. So from my standpoint, this is a budget reconciliation process. So we ought to talk about numbers. One of my disappointments with what the house process is about, the only number we ever heard about was 1.5 trillion, which sounds like a lot, but it‘s only $150 billion per year. And this is put in context of the fact that in 2019 we spent 4.4 trillion this year will spend over $7 trillion. $150 billion on. That is basically a rounding error. You‘re talking about need to get serious about this. So we need to establish well we need to establish goals. Listen this is the weekend. We honor the service and sacrifice of the finest among us. You know, more than a million that died defend this nation. I don‘t think they. I don‘t think they served in sacrifice to leave our children completely mortgaged. Their future and their prospects diminished because of it. So we need to be responsible. The first goal of our budget reconciliation process should be to reduce the deficit. This actually increases. Let me describe the mess. President Obama averaged about $910 billion of deficits per year. President Trump in his first three years averaged about 810. Then Covid hit over $3 trillion in deficit. It should have ended there. We should have immediately returned to a pre-pandemic level spending. But President Biden averaged $1.9 trillion in deficits over his four years. And according to cbo, those deficits now averaged $2.2 trillion. Over the next 10 years, we‘ll add $22 trillion. And I‘m sorry, the house bill would probably add, I‘ve calculated 4 trillion. You‘re saying you have these independent analysts saying it‘s 3.3 to 4 trillion. I agree with that. We have to reduce the deficit. And so we need we need to focus on spending spending, spending. So what you don‘t defeat the deep state by funding it."




