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John Cornyn: “It's a silent tax on the American people.”

Featuring: John Cornyn, Republican | U.S. Senate, Texas

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Interview with Senator John Cornyn on Tax Cuts, Media Bias, and Federal Reserve Oversight

Published | Video Starts at 07:20

F obviously we're still dealing with the consequences of 40 year high inflation because of all the reckless spending by the Biden administration. 20. Everything's roughly 20% or more higher in costs. It's a silent tax on the American people. So this is a familiar, if you look back at history, a familiar debate between an administration which would always like to see interest rates lower and a Federal Reserve … (07:20–07:23)

CLAIM

Asserts that inflation acts as a silent tax on Americans.

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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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