One of my favorite legislative achievements in the Senate is a bipartisan law I got enacted to cut the price of hearing aids by thousands of dollars by overriding a bunch of state level regulatory hurdles. But Even after we got it signed into law, it failed, faced years of delay, and nearly died because hearing aid manufacturers mobilized to protect inefficient regulations that kept consumer prices and corporate profits high. And don't even get me started on the defense industry blocking legislation that would have guaranteed our military the right to repair their own equipment. So yes, we need more government efficiency. (18:41–18:59)
CLAIM
Asserts that hearing aid manufacturers delayed and nearly stopped the implementation of a cost-reducing law.
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.
