PolitiQuote

Discover video-sourced quotes by politicians

Elizabeth Warren: “The dominant manufacturers and their private equity backers…”

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

Watch on YouTube

Why Does A New Fire Truck Cost $2.5M?

Published | Video Starts at 07:39

This is after taxpayers have pulled poured in millions of dollars. And while towns are scraping together cash for new trucks, old trucks are breaking down and firefighters are being pushed to their brink. The dominant manufacturers and their private equity backers bought up the competition and control the supply. the supply. And so when they shut down factories and choke off the supply, which they did, they create a shortage. (07:39–07:46)

CLAIM

Asserts that dominant manufacturers and private equity backers have monopolized the market by buying competition.

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.


Elizabeth Warren

Discover more from

Elizabeth Warren

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.