Sunday, May 25, 2025

House Speaker Mike Johnson's spending bill is in big trouble with the US Senate's Ron Johnson

 



... You have heard people talk about zero-based budgeting. I'm talking about a budget of $5.5 trillion to $6.5 trillion. Those are options from Clinton, Obama, and Trump (first term), where you just take their actual outlays, plus them up by population growth and inflation, leaving Social Security, Medicare, and interest untouched. That would leave you somewhere between $5.5 trillion and $6.5 trillion. So you start there, but you have to do the work, and you need the time to do the work. ... I think we have enough [senators] to stop the process until the president gets serious about spending reduction and reducing the deficit.