Discover video-sourced quotes by politicians

Ron Johnson: “Using your $40 billion figures, that's a 76 to 1 payback.”

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

Sen. Johnson at HSGAC hearing on GAO's 2015 List of High Risk Government Programs

Published February 11, 2015 | Video Starts at 04:21

We've gone from $556 million in 2010 to 480 million in 2013 and 522 in 014. Quick back of the envelope calculation. In terms of payback, Using your $40 billion figures, that's a 76 to 1 payback. Now, some of those may be one time savings, but if you add the $100 billion of Medicare, Medicaid and the other things you mentioned, that's a 268 to 1 payback. (04:21–04:26)

CLAIM

Asserts a 76 to 1 payback ratio from GAO's $40 billion savings.

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.

Discover more from

Ron Johnson

“Recommendations implemented from previous high risk lists have generated $40 billion of savings over the last two years.”
Sen. Johnson at HSGAC hearing on GAO's 2015 List of High Risk Government Programs | Uploaded February 11, 2015 | 00:27-00:35
“We've gone from $556 million in 2010 to 480 million in 2013 and 522 in 2014 [in GAO funding].”
Sen. Johnson at HSGAC hearing on GAO's 2015 List of High Risk Government Programs | Uploaded February 11, 2015 | 04:08-04:18
“Last year, GAO had the fewest number of employees since World War II.”
Sen. Johnson at HSGAC hearing on GAO's 2015 List of High Risk Government Programs | Uploaded February 11, 2015 | 13:54-13:59
“DHS management has made solid progress and there's some prospects of DHS coming off [the high risk] list.”
Sen. Johnson at HSGAC hearing on GAO's 2015 List of High Risk Government Programs | Uploaded February 11, 2015 | 00:46-00:46
“Progress made in terms of Department of Defense contract management, progress made with FDA's oversight of medical devices.”
Sen. Johnson at HSGAC hearing on GAO's 2015 List of High Risk Government Programs | Uploaded February 11, 2015 | 00:55-01:03
“Cybersecurity is a real issue, a real threat, and that is a top priority of this committee.”
Sen. Johnson at HSGAC hearing on GAO's 2015 List of High Risk Government Programs | Uploaded February 11, 2015 | 01:13-01:19
“VA Veterans affairs healthcare has been added to [the high risk list].”
Sen. Johnson at HSGAC hearing on GAO's 2015 List of High Risk Government Programs | Uploaded February 11, 2015 | 01:44-01:50
“GAO has been making recommendations to the veterans health care system for a number of years. There are more than 100 recommendations that…”
Sen. Johnson at HSGAC hearing on GAO's 2015 List of High Risk Government Programs | Uploaded February 11, 2015 | 02:50-03:01
“If you add the $100 billion of Medicare, Medicaid and the other things you mentioned, that's a 268 to 1 payback.”
Sen. Johnson at HSGAC hearing on GAO's 2015 List of High Risk Government Programs | Uploaded February 11, 2015 | 04:27-04:37
“The VA system is going to be a top priority of this committee.”
Sen. Johnson at HSGAC hearing on GAO's 2015 List of High Risk Government Programs | Uploaded February 11, 2015 | 05:16-05:20
“Part of the reason we have not been able to pass cybersecurity legislation is because we have not been able to provide the liability…”
Sen. Johnson at HSGAC hearing on GAO's 2015 List of High Risk Government Programs | Uploaded February 11, 2015 | 07:29-07:45
“If we don't allow that information sharing which does allow us to, you know, share that threat signature which can prevent attacks, it's not…”
Sen. Johnson at HSGAC hearing on GAO's 2015 List of High Risk Government Programs | Uploaded February 11, 2015 | 07:56-08:14
“The metric is going to be if we pass something with liability protection, the success or failure is whether or not that information actually…”
Sen. Johnson at HSGAC hearing on GAO's 2015 List of High Risk Government Programs | Uploaded February 11, 2015 | 10:50-11:00
“There's really no reason to have personal information attached to that information that's shared [for threat signatures].”
Sen. Johnson at HSGAC hearing on GAO's 2015 List of High Risk Government Programs | Uploaded February 11, 2015 | 12:09-12:15
“If you actually want to solve the crime, if you want to trace back where did that hacking come from, which, you know, quite honestly prevent…”
Sen. Johnson at HSGAC hearing on GAO's 2015 List of High Risk Government Programs | Uploaded February 11, 2015 | 12:19-12:37