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Ron Johnson: “The value the Social Security trust fund has no value.”

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

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Johnson Discusses Obama Budget on CNBC

Published | Video Starts at 02:37

We did that. I made that point in our committee hearing yesterday confirming or you know, this confirmation hearing on the next OMB Director Burwell. The value the Social Security trust fund has no value. So we have to really take a look at the depth of the problem. And that's really where we need to start. (02:37–02:41)

CLAIM

Asserts that the Social Security trust fund has no value to the federal government.

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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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