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David McCormick: “The private capital markets are not supporting what's…”

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

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The Imperative of Renewal featuring Senator David McCormick | Betting on America

Published | Video Starts at 16:52

I think there's two things I would say. There are clearly areas of development, of critical development which are underinvested in. In other words Private. The private capital markets are not supporting what's necessary. We just talked today with that office about a company that created flares for the jets that went out of business. And so how do you create the right next generation to meet the defense needs? (16:52–16:57)

CLAIM

Asserts that private capital markets are failing to support necessary investments.

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