Sen. Johnson: A Democrat-Controlled Congress Will Never Balance the Budget

By Ben Kelley | July 28, 2022 | 9:42am EDT
Sen. Ron Johnson (R-Wisc.)  (Getty Images)
Sen. Ron Johnson (R-Wisc.) (Getty Images)

( –  When asked if Congress will ever balance the budget, Senator Ron Johnson (R-Wisc.) said, “They’d better,” but added that it will  never happen “under Democrat control.”

On Tuesday, asked Johnson: “The federal government collected record taxes in the first nine months of this fiscal year, but still ran a $515 billion deficit. Will Congress ever balance the budget?”

Johnson responded, “They’d better,” and then added, “It’ll never be balanced under Democrat control.”

When asked about how the deficit spending is hurting the country, Johnson said, “You see 9.1% inflation? There’s damage. That didn’t just happen. That is from out of control deficit spending.”

“Printing dollars we don’t have, that’s what brought us inflation,” said the senator.  “Too many dollars chasing too few goods is being spent helping people stay out of the workforce, producing fewer goods, so now we even have fewer goods.”

“Again, none of this is particularly complex,” he said.  “It’s just the policymakers here in Washington D.C. don’t understand the harm they’re causing.”

The federal budget is considered to be “balanced” when its spending equals its revenue. If the government spends more than it takes in, it borrows the money needed to make up the “deficit.” This is called deficit spending. 

In the first nine months of this fiscal year (2022), which started on Oct. 1, 2021, the federal government collected a record $3,835,390,000,000 in taxes. However, during that same period of time – October 2021 through June 2022 -- the federal government spent a total of $4,350,457,000,000, creating a deficit of $515,067,000,000.  And there are three months left in the fiscal year.

As of July 26, 2022, the national debt was $30,598,262,922,849.72, according to the Treasury Department. The national debt is the accumulation of federal deficits still unpaid and the interest payments on that debt.

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