Ron Johnson: “The rest of the $128 trillion 30-year projected deficit is…”

“You know, over the next 30 years, probably about $18 trillion more in benefits will be paid out of Social Security than you get in revenue. Our health care, you know, Medicare, probably about 38 trillion. The rest, The rest of the $128 trillion 30-year projected deficit is instant on the debt over $60 trillion. So if we don't want to pay $60 trillion to our creditors, we better seriously address the deficits in Social Security and our health care spending.” (10:00–10:08)

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.