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Richard Neal: “Economic growth would hit 5.4% in the fourth quarter, that…”

Featuring: Richard Neal, Democratic | U.S. House Massachusetts, 1st Congressional District

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WATCH: Rep. Neal makes opening statement in Bessent budget hearing

Published | Video Starts at 02:45

The price of a tank of gasoline in many places has gone up by almost 50%. That's a staggering amount. And despite the bullish assessment in January that Economic growth would hit 5.4% in the fourth quarter, that growth came in at approximately 1/2 a percent. Not even A full percentage point. That's not spin. Those are facts. The administration continues to argue that down is up and to convince people that their pain should be subjugated to patriotic causes. (02:45–02:54)

CLAIM

Asserts that predicted economic growth of 5.4% was actually about 0.5%.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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