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Gabe Vasquez: “Alarmingly, $1,000 in 2008 is equal to $1,450 today.”

Featuring: Gabe Vasquez, Democratic | U.S. House, New Mexico, District 2

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Vasquez Introduces Veterans Bill During HVAC Subcommittee Hearing

Published | Video Starts at 01:38

Books and other educational supplies can be a barrier for many students. 2008 was the last time an adjustment was made. Alarmingly, $1,000 in 2008 is equal to $1,450 today. Veterans should not be required to subsidize that additional cost with their limited incomes as the cost of materials rise. Our veterans deserve the necessary financial support to continue their education. (01:38–01:45)

CLAIM

Asserts that the value of $1,000 in 2008 is equivalent to $1,450 today due to inflation.

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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