WASHINGTON — As the Trump administration explores ways to enact the president's $2,000 tariff dividend proposal, Sen. Ron Johnson (R-Wis.) says the country "can't afford" the plan.

In an interview with Fox Business' Maria Baritomo , Johnson warned about the need to lower the deficit with the tariff revenue.

"We have to address the deficit problem. We are on borrowed time here," Johnson told Baritomo. "If we're bringing in revenue through the tariffs that ought to be applied to reduce the deficit, not just to making cash payments to Americans."

"We can't afford it," Johnson said when asked if he would vote no on the proposal. "I wish we were in a position to return the American public their money, but we’re not."

"We’ll have at least a $2 trillion deficit this year,” he continued. "

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