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Peter Welch: “With the tax credits that are set to expire, that family…”

Featuring: Peter Welch, Democratic | U.S. Senate, Vermont

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Welch Questions Treasury Secretary Nominee Scott Bessent at Confirmation Hearing

Published | Video Starts at 01:43

So in Vermont, health care is incredibly expensive for everybody. But if we have, just as an example, an electrician in Bennington, Vermont, who's making $67,000 a year With the tax credits that are set to expire, that family would have a $700 a month increase in their health care bill. That's going to hammer them. It's like $9,000. So my question to you is, in putting together this tax proposal where you are going to have to be making recommendations … (01:43–01:55)

CLAIM

Asserts that expiring tax credits would increase a family's health care bill by $700 monthly.

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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