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Elizabeth Warren: “Federal government is planning to hand out $67 billion in…”

Featuring: Elizabeth Warren, Democratic | U.S. Senate, Massachusetts

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The Cost of Filing Your Taxes Could Go Up. Why?

Published | Video Starts at 04:48

So tell me, how are these tax breaks going to incentivize research that already happened years ago, and they're not. So to give you a sense of how big these giveaways are, the Federal government is planning to hand out $67 billion in tax breaks to corporations like Tesla and Apple next year. Because, yeah, those are the guys who really, really need a handout. And to put those billions into perspectives, that is five times what the federal government spends on child care every year. (04:48–05:03)

CLAIM

Asserts that $67 billion in tax breaks are planned for corporations like Tesla and Apple.

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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