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Glenn Grothman: “It's currently costing us, even under current law, about…”

Featuring: Glenn Grothman, Republican | U.S. House of Representatives, Wisconsin, District 6

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Glenn Grothman's Speech on Tax Deductions, Family Incentives, and Low-Income Housing Credits

Published | Video Starts at 14:16

I would hope, as we put together hopefully the final version of the big beautiful bill sometime in the next couple weeks, we look at this. It's not something that costs nothing. It's currently costing us, even under current law, about $13.8 billion a year in tax credits which are going to these well connected developers. I think one thing will also tell you that they're well connected is it's up to states to distribute which property developers get the credits. Well, what do you think is going to happen? (14:16–14:30)

CLAIM

Asserts that tax credits for developers cost $13.8 billion annually.

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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