On Wednesday's broadcast of CNBC's "Closing Bell," Sen. Rob Portman (R-OH) reacted to revised GDP numbers for the first quarter of 2022 showing the economy shrank more than previously thought by stating he thinks we will probably see a recession when there is negative growth in the second quarter and stated that "the recession mentality, unfortunately, is upon us" already because people are already paying more and cutting back due to massive amounts of inflation.