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Ron Johnson: “Medicare will pay out about $35 trillion more in benefits…”

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

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Chairman Johnson remarks at HSGAC hearing on governing through goal setting

Published | Video Starts at 10:09

And of course you guys recognize that with your, with your goals. Social Security over the next 30 years will pay out about 50, $15 trillion more in benefits than takes in the payroll tax. Medicare will pay out about $35 trillion more in benefits than it takes in the payroll tax. That's 50 trillion of the $127 trillion. The rest, the rest of that deficit is in interest. $71 trillion. It's not doing anything to improve the lives of ordinary Americans. (10:09–10:16)

CLAIM

Asserts that Medicare will have a $35 trillion shortfall over 30 years.

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