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John Barrasso: “Insurance companies stocks went up from 500 to 1,000%.”

Featuring: John Barrasso, Republican | U.S. Senate Wyoming

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Sen. Barrasso on Fox & Friends

Published | Video Starts at 03:29

And remember, President Obama said he would lower the prices by $2,500 a family. Then, you know, to try to prop it up, they sent all this juicy subsidies directly to insurance companies. So Insurance companies stocks went up from 500 to 1,000%. And now Chuck Schumer said, hey, we want even more money directly to insurance companies. That cuts the consumers out. (03:29–03:34)

CLAIM

Asserts that insurance company stocks increased significantly.

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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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