According to Sen. Ron Johnson, the recent call made by President Joe Biden to drop the top line of the budget reconciliation bill designed to fund his Build Back Better program by $1 trillion still means that our country will spend “massive amounts of money that we don’t have.”
“If the Democrats get their spending wish list, they will also be increasing taxes, which means you’re taxing success,” the Wisconsin Republican stated during a conversation on Newsmax’s “Wake Up America.”
Monday, Biden told a group of House progressives that the top line for the reconciliation bill needs to drop from $3.5 trillion down to a range from $1.9 trillion to $2.2 trillion, reports CNN. He told the group, according to two sources familiar with his virtual meeting, that the lower amount is the range that Sens. Joe Manchin, D-W.Va., and Kyrsten Sinema, D-Ariz., would accept.
Johnson said that former President Donald Trump showed that reducing taxes means improving the economy, and the United States had a “record economy” before the COVID-19 pandemic hit.
Meanwhile, the gridlock that is taking place between the moderate and progressive Democrats on the spending bills is the “best outcome” in Washington, D.C., because it slows down the month that is “sloshing around,” at this time, Johnson said.
“We have spent trillions during COVID and increased our debt by trillions,” said the Wisconsin senator. “We have too many dollars chasing too few goods, which is why we’re seeing inflation becoming more and more endemic … from my standpoint, I think gridlock was the best outcome here.”
Johnson then commented on reports concerning the harassment of Sen. Sinema during her trip to a recent university restroom by folks who were upset and protesting her stance against the legislation, stated that what happened “proves the nasty side” of the radical left.
“You (could) see that during the summer riots,” Johnson stated.
“I hope this steels their resolve and makes sure they do not vote to end the filibuster and that they don’t engage” in the support of trillions of dollars of additional debt spending, Johnson said in conclusion.