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John Thune: “The President's proposed expensing for factories, for…”

Featuring: John Thune, Republican | Senate Majority Leader, South Dakota

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Unintelligible Transcript with Repeated Speaker A

Published | Video Starts at 01:39

The one thing you want to make sure you do is on the business side, make sure that those, you know, bonus depreciation, interest deductibility, R and D expensing, The President's proposed expensing for factories, for domestic manufacturing, which would be very stimulative, get growth in the economy. And that was the whole goal in 2017. Lower rates, faster cost recovery. And, and I think it worked. And I think that's what we want to do now. (01:39–01:49)

CLAIM

Asserts that the President's proposed expensing for factories would stimulate economic growth.

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