This has resulted in 280 new and expanded facilities, more than 18 million new square feet of American manufacturing, and more than 70,000 new American jobs. These $50 billion in defense investments in new plants, assembly lines and factories are private investment, not taxpayer dollars. By completely transforming our Department's business model, American companies are investing in America with their own capital. A historic demonstration of American manufacturing and defense revitalization, all with their money, not Uncle Sam's. (23:29–23:40)
CLAIM
Asserts that the $50 billion in defense investments are private, not taxpayer-funded.
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.
