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Ron Johnson: “A $100,000 nest egg that a senior had is now only worth…”

Featuring: Ron Johnson, Republican | U.S. Senate, Wisconsin

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Published | Video Starts at 19:46

You know, yes, Social Security recipients are going to get an 8.7% raise, but that only keeps them equal with what they lost because of Biden's inflation. Again, A $100,000 nest egg that a senior had is now only worth $88,300. That is the first. The federal government, through their inflation, Democrats, inflation basically taking $12,000 out of that senior's account. (19:46–19:54)

CLAIM

Asserts that a $100,000 savings is now worth $88,300 due to inflation.

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