Chuck Schumer: “They want to use this money for tax breaks for billionaires.”

“That's saying a whole lot. Why are they doing this? Why are they imposing such tariffs on people? I'll tell you, there's one reason Law. They want to use this money for tax breaks for billionaires. And they're making the average American family pay, it's now about estimated about $5,000 a year. These are across the board tariffs.” (02:55–02:59)

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.