You know, I IJA had huge investments in water projects, CPFs, and water infrastructure. We don't raid the, the state revolving loan fund. Yes, you do. Absolutely. We do not. 100%. That's your congressionally directed spending. You're not giving them out as loans. You're just taking the money out of the SRF and you're giving them to local, to local communities. By the way. (14:12–14:19)
CLAIM
Asserts that congressionally directed spending is not being distributed as loans.
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.