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John Cornyn: “Repeal the controversial 2021 Thrifty Food Plan that would…”

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

Cornyn on the Need for Congress to Pass a Budget.

Published January 8, 2025 | Video Starts at 09:37

We could save an incredible amount of money for the American people and help ease inflation so that the Federal Reserve can bring down interest rates. Or we could Repeal the controversial 2021 Thrifty Food Plan that would save as much as $300 billion. You know we're talking about real money, Mr. President, but it's not just programs that got plus ups during the pandemic era. Let's take a look for example at the irs. (09:37–09:45)

CLAIM

Asserts that repealing the 2021 Thrifty Food Plan could save $300 billion.

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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John Cornyn

“With approaching $36 trillion in debt, we're paying more interest on the national debt than we are on defense.”
Cornyn on the Need for Congress to Pass a Budget. | Uploaded January 8, 2025 | 00:43-00:53
“We haven't passed a budget since 2017.”
Cornyn on the Need for Congress to Pass a Budget. | Uploaded January 8, 2025 | 02:06-02:19
“We need to save the American people a multitrillion dollar tax increase, which will occur unless we can renew the expiring provisions of the…”
Cornyn on the Need for Congress to Pass a Budget. | Uploaded January 8, 2025 | 04:00-04:11
“President Xi has stated he wants the People's Liberation army to be prepared by 2027 to take Taiwan by whatever means necessary.”
Cornyn on the Need for Congress to Pass a Budget. | Uploaded January 8, 2025 | 05:10-05:23
“President Biden's policies have been a disaster for my state and for the American people.”
Cornyn on the Need for Congress to Pass a Budget. | Uploaded January 8, 2025 | 06:48-06:56
“Texans have been suffering under open borders and high prices for the last four years.”
Cornyn on the Need for Congress to Pass a Budget. | Uploaded January 8, 2025 | 06:56-07:03
“If Republicans fail to act swiftly to extend the expiring tax cuts, 62% of taxpayers will experience a tax increase.”
Cornyn on the Need for Congress to Pass a Budget. | Uploaded January 8, 2025 | 07:11-07:22
“There is still about $700 billion of mandatory spending that the federal government spends each year that is essentially on autopilot.”
Cornyn on the Need for Congress to Pass a Budget. | Uploaded January 8, 2025 | 08:44-08:54
“By simply reducing payment errors for SNAP payments, for example, we could save an estimated $100 billion.”
Cornyn on the Need for Congress to Pass a Budget. | Uploaded January 8, 2025 | 09:07-09:16
“By rescinding the remaining unspent Inflation Reduction Act funds that were directed to the IRS, we could save an additional $40 billion.”
Cornyn on the Need for Congress to Pass a Budget. | Uploaded January 8, 2025 | 09:56-10:13
“By repealing Davis Bacon, the Department of Transportation alone could save $400 million.”
Cornyn on the Need for Congress to Pass a Budget. | Uploaded January 8, 2025 | 10:58-11:21
“By reforming the pension system for federal employees to bring the benefit calculation in line with the private sector standard, the…”
Cornyn on the Need for Congress to Pass a Budget. | Uploaded January 8, 2025 | 11:33-11:48
“We could reform the structure of the federal Employee Health Benefit Program and save an additional $18 billion.”
Cornyn on the Need for Congress to Pass a Budget. | Uploaded January 8, 2025 | 11:48-11:57
“These are just some examples of a longer list that could save taxpayers as much as $1 trillion over the next 10 year period.”
Cornyn on the Need for Congress to Pass a Budget. | Uploaded January 8, 2025 | 12:12-12:23
“The child tax credit and the Earned Income Tax credit alone represent $200 billion in spending.”
Cornyn on the Need for Congress to Pass a Budget. | Uploaded January 8, 2025 | 12:34-12:43
“The Congress has been spending away under Democratic majority control and with President Biden in the White House.”
Cornyn on the Need for Congress to Pass a Budget. | Uploaded January 8, 2025 | 14:26-14:36
“Budget reconciliation not only allows us to allocate resources to places like the southern border that have been flat out ignored by the…”
Cornyn on the Need for Congress to Pass a Budget. | Uploaded January 8, 2025 | 15:38-16:03