PolitiQuote

Discover video-sourced quotes by politicians

Ron Johnson: “The postal system is going to maintain the $50 billion of…”

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

Watch on YouTube

Sen. Johnson in HSGAC Hearing

Published | Video Starts at 08:17

The pension health benefit plan on Medicare, but we're not transferring the assets in that health benefit plan. So you're going to offload about $100 billion liability into Medicare, but The postal system is going to maintain the $50 billion of assets in that in their fund. And I think as discussed accounting principles would indicate that that should shift as well. But right now, according to the proposal, as it's laid out for me, that wouldn't, that's not being contemplated when we wouldn't integrate it. (08:17–08:23)

CLAIM

Asserts that the postal system will keep $50 billion in assets while transferring liabilities to Medicare.

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.


Ron Johnson

Discover more from

Ron Johnson

Report A Transcription Error

Please report any error in the automated transcription.

About PolitiQuote

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.

PolitiQuote is a service of Gigafact Foundation, a nonpartisan nonprofit advancing facts and information transparency, community by community.

Visit gigafact.org to learn more.