John Cornyn: “It did create massive subsidies for electric vehicles.”

“In 2022, President Biden signed the Inflation Reduction Act. And while this law did nothing to reduce inflation, It did create massive subsidies for electric vehicles. most of which average working American families can't afford to buy. But it is a car of choice for many high income coastal elites. But it wasn't enough to just subsidize electric vehicles.” (02:13–02:18)

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.