PolitiQuote

Discover video-sourced quotes by politicians

Chris Wright: “Spending hundreds of billions of dollars of government…”

Featuring: Chris Wright, Republican | Secretary of Energy | National

Watch on YouTube

Secretary Wright Joins Fox Business - July 7, 2026

Published | Video Starts at 03:49

Fortunately, with the working families tax cut we just July for, we just passed the day that those subsidies are no longer available. If you start construction on a project today, ironically, Spending hundreds of billions of dollars of government subsidies was a driver of increased electricity prices. Normally you have a huge subsidy. You push the price of something down. They lost twice spend massive subsidies make electricity more expensive. But the Trump administration is reversing all of that. (03:49–03:57)

CLAIM

Asserts that government subsidies increased electricity prices.

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.


Chris Wright

Discover more from

Chris Wright

Report A Transcription Error

Please report any error in the automated transcription.

About PolitiQuote

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.

PolitiQuote is a service of Gigafact Foundation, a nonpartisan nonprofit advancing facts and information transparency, community by community.

Visit gigafact.org to learn more.