***VIDEO RELEASE*** Sen. Johnson on Squawk Box: “We Can’t Continue to Throw Money at a Completely Failed System”
WASHINGTON – Today, U.S. Sen. Ron Johnson (R-Wis.) joined CNBC’s “Squawk Box” to discuss how Obamacare continues to fail the people that Democrats promised it would help and why the system must return to a consumer-driven market. “Socialism might sound appealing, but it destroys economies. We’re $38 trillion in debt — we can’t keep pouring money into a failed system that perpetuates fraud,” Sen. Johnson said.
“I'm trying to show my Senate colleagues how you go through the problem-solving process. We had an earlier hearing, it was titled “Assessing the Damage Done by Obamacare,” which would really take the first step in solving the problem, which is admitting you have one. Now, the problem we have is that Democrats are literally not admitting they have a problem,” Sen. Johnson continued. “This hearing is really all about the next step: you have to properly define the problem, and you have to establish principles on how you're going to solve that problem.”
“I'm willing to help people, but I'm not willing to perpetuate $20 to $30 billion per year in fraud and just look the other way,” Sen. Johnson concluded.
Watch the full video here.