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Jason Rojas: “We have $4 billion, but half of it, 3/4 of it could be gone…”

Featuring: Jason Rojas, Democratic | Connecticut House of Representatives, 9th Assembly District

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Rep. Jason Rojas talks housing and cannabis | Face More Facts with Mike & Mike

Published | Video Starts at 35:54

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. Right. So yes, We have $4 billion, but half of it, 3/4 of it could be gone in a moment's time. Then if the AI bubble bursts on Wall street and all those stocks hit the or the economic downturn that everybody's been waiting for for eight or nine years, Take … (35:54–36:00)

CLAIM

Asserts that the rainy day fund has $4 billion, but a large portion could be quickly depleted.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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