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Ron Johnson: “The money that we all got extracted from our checks has been…”

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

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DC breakfast with U.S. Sen. Ron Johnson

Published | Video Starts at 18:01

I know, Elon. No, because it's going bankrupt. No, I mean, Social Security is a legal Ponzi scheme. Let me look at the cameras. Social Security is a legal Ponzi scheme. The money that we all got extracted from our checks has been spent. It is gone. Now, had it been managed responsibly, that money would have been saved. It would have been invested in something that had value to the federal government. But they didn't do that. (18:01–18:08)

CLAIM

Asserts that Social Security funds have been spent and are no longer available.

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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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