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Gary Peters: “We know that the whole world economy is paying a great deal…”

Featuring: Gary Peters, Democratic | U.S. Senate from Michigan

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WATCH: Sen. Peters questions Hegseth and Caine on Iran war, defense spending

Published | Video Starts at 00:21

We know the cost that the American people are paying, both at higher fuel costs, our farmers are paying because of fertilizer cost. We know that the whole world economy is paying a great deal for this war. And basically, as I think that through, and this is what I want to talk to you about, is that we all know that it's a whole lot easier to go to war than it is to get out of war. (00:21–00:28)

CLAIM

Asserts that the global economy is significantly affected by the war.

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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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