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Donald Trump: “Their stock prices have gone up by 1000% in many cases a…”

Featuring: Donald Trump, Republican | President of the United States | National

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President Trump signs bill to end the government shutdown

Published | Video Starts at 08:46

I've even had Democrat support. So we want the money that would be going to the insurance company, which is hundreds of billions of dollars. You know, Their stock prices have gone up by 1000% in many cases a thousand percent over a short period of time because our country stupidly pays them so much money with this Obamacare. So I want the money to go directly to you, the people, and you go out and you'll buy your own health insurance and you'll negotiate different plans and you'll get much better insurance and you will be an entrepreneur for yourself. (08:46–08:58)

CLAIM

Claims insurance company stock prices have increased by 1000% due to Obamacare payments.

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.


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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.

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