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Elizabeth Warren: “The failure of these companies to spend money on their…”

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

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Stock buybacks: What are they and why are they bad?

Published | Video Starts at 06:14

And at the same time, these companies admit they are behind schedule, over budget, unable to finish their work, and they can't figure out how to use a single dollar except on stock buybacks. Give me a break. The failure of these companies to spend money on their production is quite literally putting our country at risk. because of delays to our weapons systems. And that's why I introduced a bill this week with Republican Josh Hawley just to stop this from happening. (06:14–06:22)

CLAIM

Asserts that the failure of defense contractors to invest in production is risking national security.

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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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