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John Larson: “That trust fund, which is your money, has $2,700,000,000,000…”

Featuring: John Larson, Democratic | U.S. House Connecticut, 1st Congressional District

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Congressman John Larson's Town Hall on Social Security, Tax Cuts, and Healthcare

Published | Video Starts at 18:16

But let me assure you of this. First and foremost, the Social Security trust fund, which Republicans call an entitlement, is not an entitlement. … That trust fund, which is your money, has $2,700,000,000,000 in it. … business community, the company I used to work with, paid half of that as well. And yes, that's true, they did pay. You paid your half, they paid theirs. (18:16–18:21)

CLAIM

Asserts that the Social Security trust fund contains $2.7 trillion.

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.


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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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