Mike Johnson: “December 31st is when the [Obamacare] subsidies end.”

“What I'm saying is we have to keep the lights on in the building so that we can have those discussions and debates. Republicans have made no assertions about how that will wind up. But December 31st is when the [Obamacare] subsidies end. And so we have effectively three months to negotiate. You know, and White in the White House and in the halls of Congress, that's like an eternity.” (00:34–00:37)

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.