PolitiQuote

Discover video-sourced quotes by politicians

Dave McCormick: “They're spending 80% of what they spend. Looking over the…”

Featuring: Dave McCormick, Republican | U.S. Senate, Pennsylvania

Watch on YouTube

Why Pennsylvania Is America's Defense & Innovation Hub | Sen. Dave McCormick

Published | Video Starts at 08:06

And here's the reason you put your finger on it, most analysts would say that China spends something like 3 or $400 billion in defense. So 30 to 40% of what we spend, but They're spending 80% of what they spend. Looking over the horizon on the next generation things. because they started with a very old military. We're spending 80 or 90% looking backwards on the past, as opposed. So they're actually spending more on the future than we are in dollar terms. (08:06–08:14)

CLAIM

Asserts that China allocates 80% of its defense budget to future technologies.

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.


Dave McCormick

Discover more from

Dave McCormick

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.