Right. Who look at everything we do and apply a cost to it. And they're nonpartisan. So they work for both Republican and Democrats. And they OFA did a stress test where they looked at the dot com recession, the 09 recession, and then kind of used their own numbers to create a recession. And for two of those recessions, our current rainy day fund would hold, but 2 to 3 billion dollars of that rainy day fund would be gone immediately if there was a significant economic downturn. (35:34–35:43)
CLAIM
Asserts that the Office of Fiscal Analysis conducted a stress test using historical recession data.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.