Political speech, timestamped and in context

Chuck Schumer: “Republicans won control of Washington on a promise to bring down costs, make government more efficient and end…”

Featuring: Chuck Schumer, Democratic | U.S. Senate New York

'The Trump Family Has Profited $4 Billion Off The Presidency': Schumer Accuses Trump Of Corruption

Published October 1, 2026

Mr. President, 20 months ago, Republicans won control of Washington on a promise to bring down costs, make government more efficient and end senseless wars. But over the past two years, Republicans betrayed the trust of the American people. For the past 20 months, Senate Republicans catered to Donald Trump's every wish. (00:03–00:13)

STATEMENT

Asserts that Republicans promised to reduce costs, improve government efficiency, and end senseless wars.

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.

See the main statements from Chuck Schumer in this video

“Families [have] an average of $4,200 in higher prices since Trump took office.”
Asserts that families have incurred $4,200 in additional costs due to policies since Trump took office.00:37-01:53
“Trump and congressional Republicans gleefully cut a trillion dollars from our health care system.”
Asserts that Trump and Republicans reduced healthcare funding by a trillion dollars.02:27-02:41
“5 million Americans have already lost their health care coverage.”
Asserts that 5 million Americans lost healthcare coverage.02:42-02:47
“Americans electricity bills are upped 18% under Donald Trump.”
Asserts that electricity bills increased by 18% during Trump's presidency.03:20-03:25
“The Trump family has profited $4 billion off the presidency in the past two years.”
Asserts that the Trump family gained $4 billion during Trump's presidency.04:32-04:38
“Trump's $2 billion Maga slush fund to funnel American taxpayers to himself, his billionaire friends and January 6th insurrectionists.”
Asserts that Trump used a $2 billion fund for personal and political gain.05:04-05:14
“The Trump administration, empowered by his feckless Republican majorities in Congress, has been a catastrophe for working families everywhere.”
Asserts that the Trump administration and Republican Congress negatively impacted working families.00:28-00:39
“Americans have watched the price of everything, everything explode these past two years.”
Asserts that prices for goods and services have significantly increased over the past two years.01:21-01:28
“Senate Republicans backed Trump's horrendous tariff tax to the hilt.”
Asserts that Senate Republicans fully supported Trump's tariff policies.01:59-02:04
“Democrats fought Trump's tariff tax in court and won.”
Asserts that Democrats legally challenged and won against Trump's tariff policies.02:04-02:08
“Another 10 million more will lose it in the coming years.”
Asserts that an additional 10 million Americans are projected to lose healthcare coverage.02:50-02:54
“Republicans are also charging the American people for senseless foreign wars.”
Asserts that Republicans are financially burdening Americans with unnecessary foreign wars.03:39-03:45
“Trump has waged an all out war on free and fair elections in the United States.”
Asserts that Trump has actively undermined electoral integrity in the U.S.06:30-06:35
“We killed the SAVE act in Congress.”
Asserts that Senate Democrats successfully prevented the SAVE act from passing in Congress.07:05-07:08
“We took Trump to court over his attacks on his voter suppression executive orders.”
Asserts that Senate Democrats legally challenged Trump's executive orders related to voter suppression.07:07-07:13
“We protected mail in voting, and we defeated Trump's attacks on our elections.”
Asserts that Senate Democrats safeguarded mail-in voting and countered Trump's electoral interference.07:12-07:18
“Senate Democrats launched our Election Protection Task Force to plan how we'll protect our elections on Election Day from Trump.”
Asserts that Senate Democrats created a task force to protect elections from interference.07:20-07:28
“We held tabletop exercises to prepare for Trump's efforts to interfere with our elections.”
Asserts that Senate Democrats conducted exercises to prepare for potential election interference by Trump.07:28-07:34
“We launched a historic election observer program to train and deploy Senate staff volunteers across the country to monitor for any meddling in our electoral system in America.”
Asserts that Senate Democrats initiated a program to monitor and prevent electoral meddling.07:33-07:45
“The global economy is in tatters, and the Americans are watching costs climb even further because Trump launched a reckless, illegal war with absolutely no plan.”
Asserts that Trump initiated an illegal war, worsening the global economy and increasing costs.08:26-08:35