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Ron Johnson: “The total liability is $150 billion offset by $50 billion in…”

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

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Sen. Johnson in HSGAC Hearing

Published | Video Starts at 09:40

Yes, according to the CBO data that we use, the unfunded obligation was 100, was 101 obligation left that was based on the 50 billion that they do have in the assets. So the unfunded liability. So The total liability is $150 billion offset by $50 billion in the asset fund. Mr. Milstein, can you address that? I don't think that's right. I think the cbo liability is 105 billion and the asset offset is 50. Okay, well, sure, go ahead. (09:40–09:48)

CLAIM

Asserts that the total liability is $150 billion, offset by $50 billion in assets.

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