The same pattern repeats everywhere. A private operator partners with a public applicant to reach federal funds. As so often happens, A company that could maybe not pass a bank's loan application can get a check from the US Taxpayer just because the application carries the name of a city or a port authority or a navigation district or a transit agency. The public entity gets a project, the private operator gets the contract in the community. They will go out there and they will get the risk. The taxpayer will get the risk. (01:25–01:43)
CLAIM
Asserts that companies can receive taxpayer money through federal grants by partnering with public entities, even if they wouldn't qualify for a bank loan.
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.
