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Eric Hovde: “We've taken federal debt from 5.5 trillion to $36 trillion.”

Featuring: Eric Hovde, Republican | Former Candidate, U.S. Senate Wisconsin

Wisconsin U.S. Senate Debate

Published October 18, 2024 | Video Starts at 12:01

Look, I believe we need to protect Social Security and keep it sanct for everybody who's on Social Security or getting ready to retire. If you want to know why Social Security is in trouble, it's real simple. Because We've taken federal debt from 5.5 trillion to $36 trillion. 5.5 trillion to $36 trillion. That's why CBO has it protected to go cash flow negative in eight and a half years. (12:01–12:04)

CLAIM

Claims federal debt increased from $5.5 trillion to $36 trillion.

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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Eric Hovde

“Senator Baldwin...has taken massive amounts of special interest money from big pharma, Wall Street, Big Tech.”
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“The Affordable Care act made three promises. Promise number one, it would slow down the cost of health care.”
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“Promise number two, it would increase the access to health care.”
Wisconsin U.S. Senate Debate | Uploaded October 18, 2024 | 02:47-02:52
“Promise number three, that you would be able to keep your family doctor.”
Wisconsin U.S. Senate Debate | Uploaded October 18, 2024 | 02:52-02:57
“Costs of healthcare have only skyrocketed.”
Wisconsin U.S. Senate Debate | Uploaded October 18, 2024 | 03:03-03:06
“Higher access to care has declined and declined significantly, particularly for a lot of people in our rural communities.”
Wisconsin U.S. Senate Debate | Uploaded October 18, 2024 | 03:05-03:13
“The family doctor has all but disappeared.”
Wisconsin U.S. Senate Debate | Uploaded October 18, 2024 | 03:14-03:18
“I believe we need to negotiate with Big pharma.”
Wisconsin U.S. Senate Debate | Uploaded October 18, 2024 | 06:11-06:15
“When I first started taking my medications for MS, they cost about $6,000 a year. Now they're costing 35,000 for generic drug prices.”
Wisconsin U.S. Senate Debate | Uploaded October 18, 2024 | 06:17-06:27
“Your whole campaign is funded by Wall Street, Big pharma, and Big Tech.”
Wisconsin U.S. Senate Debate | Uploaded October 18, 2024 | 06:35-06:40
“We need to create a partnership with business and government, whether it's tax credits directly to the individual or tax credits to a…”
Wisconsin U.S. Senate Debate | Uploaded October 18, 2024 | 08:38-08:50
“We need to protect Social Security and keep it sanct for everybody who's on Social Security or getting ready to retire.”
Wisconsin U.S. Senate Debate | Uploaded October 18, 2024 | 11:49-11:58
“CBO has it projected to go cash flow negative in eight and a half years.”
Wisconsin U.S. Senate Debate | Uploaded October 18, 2024 | 12:13-12:20
“We have a lot of people out of the workforce today, and we got to get more people back into the workforce.”
Wisconsin U.S. Senate Debate | Uploaded October 18, 2024 | 13:42-13:49
“A lot of nursing home owners...are struggling with the massive amounts of regulations.”
Wisconsin U.S. Senate Debate | Uploaded October 18, 2024 | 13:50-13:57
“We have to take a private sector approach to try to drive more employment into [the nursing home] sector.”
Wisconsin U.S. Senate Debate | Uploaded October 18, 2024 | 14:03-14:06
“I am not for a national abortion ban. I never have been.”
Wisconsin U.S. Senate Debate | Uploaded October 18, 2024 | 18:00-18:04
“I believe that women should have a right to choose early on in their pregnancy.”
Wisconsin U.S. Senate Debate | Uploaded October 18, 2024 | 18:56-19:02
“That bill was dead on arrival. The House had already rejected it.”
Wisconsin U.S. Senate Debate | Uploaded October 18, 2024 | 20:14-20:19
“It was masquerading as a border bill with really funding Ukraine.”
Wisconsin U.S. Senate Debate | Uploaded October 18, 2024 | 20:18-20:24
“It would have codified allowing almost 5000 illegal immigrants coming into our country every single day.”
Wisconsin U.S. Senate Debate | Uploaded October 18, 2024 | 20:28-20:36
“The last year President Trump, only 300,000 illegal immigrants came into the country.”
Wisconsin U.S. Senate Debate | Uploaded October 18, 2024 | 20:43-20:50
“The first year of Joe Biden, he lifted 95 executive orders.”
Wisconsin U.S. Senate Debate | Uploaded October 18, 2024 | 20:49-20:53
“Over 3 million [illegal immigrants] came in the first year [of Biden], over 3 million the second year, over 4 million the next year.”
Wisconsin U.S. Senate Debate | Uploaded October 18, 2024 | 20:55-20:55
“We don't know how many have come in, but it's flooded our streets with fentanyl.”
Wisconsin U.S. Senate Debate | Uploaded October 18, 2024 | 21:00-21:05
“We have criminals that have entered into our country and it's created a humanitarian crisis.”
Wisconsin U.S. Senate Debate | Uploaded October 18, 2024 | 21:04-21:10
“They can't account for 300,000 children.”
Wisconsin U.S. Senate Debate | Uploaded October 18, 2024 | 21:13-21:17
“Every single one of Senator Baldwin's ads has been a lie.”
Wisconsin U.S. Senate Debate | Uploaded October 18, 2024 | 24:16-24:20
“The clinic changed what's on its website and took down that it did it without parental's approval.”
Wisconsin U.S. Senate Debate | Uploaded October 18, 2024 | 24:49-24:57
“Senator Baldwin, you claim I live in California and that's where I am. And I'm not a Wisconsinite.”
Wisconsin U.S. Senate Debate | Uploaded October 18, 2024 | 25:00-25:08
“She's trying to take credit for doing something against fentanyl. When it was Senator Tim Scott's bill that wrote the bill.”
Wisconsin U.S. Senate Debate | Uploaded October 18, 2024 | 26:36-26:46
“He said Senator Baldwin offered no amendment and hadn't talked to her for two weeks.”
Wisconsin U.S. Senate Debate | Uploaded October 18, 2024 | 26:45-26:51
“Israel was attacked and they lost thousands of lives.”
Wisconsin U.S. Senate Debate | Uploaded October 18, 2024 | 27:39-27:45
“The Biden administration constantly meddling and trying to engage and tell them how to wage a war is wrong.”
Wisconsin U.S. Senate Debate | Uploaded October 18, 2024 | 27:52-27:59
“Iran controls Hamas and Hezbollah. They're both proxies, they're funded.”
Wisconsin U.S. Senate Debate | Uploaded October 18, 2024 | 28:12-28:17
“Senator Baldwin not only voted for the deal that President Obama allowed Iran to lift the sanctions and get cash payments that fueled ISIS…”
Wisconsin U.S. Senate Debate | Uploaded October 18, 2024 | 28:16-28:29
“President Trump put in crushing sanctions and had Iran on its, on his back.”
Wisconsin U.S. Senate Debate | Uploaded October 18, 2024 | 28:29-28:35
“Senator Baldwin goes back and votes for the deal that Joe Biden, that lifted the sanctions, that thanked him for terrorism.”
Wisconsin U.S. Senate Debate | Uploaded October 18, 2024 | 28:34-28:41
“I think the war in Ukraine is a direct result of the absolute failure in how we left Afghanistan.”
Wisconsin U.S. Senate Debate | Uploaded October 18, 2024 | 31:18-31:24
“We pulled out our troops, we left a key strategic military base, we left Americans behind to die, 13 marines that died that day, afghan…”
Wisconsin U.S. Senate Debate | Uploaded October 18, 2024 | 31:24-31:37
“We also lost, left billions of military equipment behind.”
Wisconsin U.S. Senate Debate | Uploaded October 18, 2024 | 31:40-31:45
“The amounts of tens of billions of dollars that have gone to Ukraine that are not accountable causes great concern for me.”
Wisconsin U.S. Senate Debate | Uploaded October 18, 2024 | 33:05-33:13
“A lot of the bills are just funding big corporations that have nothing to do with farming.”
Wisconsin U.S. Senate Debate | Uploaded October 18, 2024 | 34:40-34:46
“Senator Baldwin and her allies continue to push [regulations] on [farmers].”
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“One of the big ones that they're very concerned about being passed is WoTus waters of the United States.”
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“That's why inflation got ignited. That's why the price of your food has gone up, the price of your rent, your health care, your car…”
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“I think we should absolutely have a code of ethics for the justices.”
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Wisconsin U.S. Senate Debate | Uploaded October 18, 2024 | 41:46-41:52
“They don't disclose those investments and how much they're profiting from it.”
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Wisconsin U.S. Senate Debate | Uploaded October 18, 2024 | 47:23-47:30
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Wisconsin U.S. Senate Debate | Uploaded October 18, 2024 | 47:29-47:34
“It's produced most of content in China.”
Wisconsin U.S. Senate Debate | Uploaded October 18, 2024 | 47:52-47:56
“We've got to close our southern border, where a lot of this pours over.”
Wisconsin U.S. Senate Debate | Uploaded October 18, 2024 | 47:59-48:04
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Wisconsin U.S. Senate Debate | Uploaded October 18, 2024 | 48:17-48:22
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