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Ron Johnson: “We have a 30 year demographic problem [with the baby boom…”

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

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Chairman Johnson remarks at HSGAC hearing on governing through goal setting

Published | Video Starts at 08:06

So sitting down in those talks, I started looking at how do you define the problem? We don't have a 10 year budget window problem. We have a 30 year demographic problem [with the baby boom generation retiring at the rate of 10,000 people per day]. All the baby boom generation where we're retiring at the rate of 10,000 people per day on a bipartisan basis where we made all these promises and we don't have a way to pay for it. (08:06–08:09)

CLAIM

Asserts that the U.S. faces a demographic problem due to the retirement rate of the baby boom generation.

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