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John Cornyn: “There's about $700 billion a year that the federal…”

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

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ohn Cornyn Claims Tax Code Has Turned Into 'Welfare System', Calls For Child Tax Credit Revisions

Published | Video Starts at 03:18

Now, I know Medicare and Social Security are particularly fraught. And without bipartisan support, it's really hard to save Social Security and Medicare, particularly if the Democrats aren't going to be willing to help. But There's about $700 billion a year that the federal government spends. That is mandatory spending. That means it's on autopilot. And we never go back and revisit it to see if it's still a priority, which continues to grow at 5, 6, 7, 8% a year. (03:18–03:25)

CLAIM

Asserts that the federal government spends about $700 billion annually on mandatory spending.

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