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Ro Khanna: “The Freedom Budget was never enacted.”

Featuring: Ro Khanna, Democratic | U.S. House California, 17th Congressional District

'We Are For The Working Class Over The Epstein Class': Ro Khanna Outlines Democrats' Vision

Published August 15, 2026 | Video Starts at 01:40

… King built on FDR's four freedoms with the Freedom Budget, a plan for full employment, decent wages, health care, and for housing. That was Dr. King. But here's the reality. The Freedom Budget was never enacted. Civil rights advanced. Economic rights were postponed. Our party began losing its way in the 1970s, right around the time I was born. (01:40–01:43)

CLAIM

Asserts that the Freedom Budget, a plan for full employment and economic rights, was never enacted.

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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Ro Khanna

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“If China can invest $1.5 trillion in a national industrial bank, why can't we?”
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“Tax the billionaires, all 989 of them. [...] You tax them at 5%, you raise $4 trillion.”
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“Nearly 100 billionaires live in my district.”
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“We supported financial deregulation and backed free trade deals that led to deindustrialization.”
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“We stopped being the party of Main street and became the party of Wall Street.”
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“We believe a national economic project is our path back from the wilderness.”
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“It means Medicare for all. No more excuses, no more half measures, Free universal health care for every American.”
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“We need a national industrial development bank that rebuilds places hollowed out.”
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“It means a thousand new trade schools across America.”
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“America has been in a five decades class war since the 1970s.”
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“They ran a million dollar candidate against me because I supported the [5% California] tax.”
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“The same class fight is now playing out with AI.”
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“Tax agentic AI and robots more than human workers.”
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“Protect workers from being fired with collective bargaining rights so that they have union rights.”
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“We must abolish ICE. It is a cruel rogue agency.”
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“Replace ICE with an immigration agency like we had from the New Deal until George W. Bush.”
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“The bankers who caused the great financial crash in 2008, they belong in jail.”
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“Israel has committed a genocide in Gaza and we should have the courage to say so.”
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“Zero aid to Israel. No military sales of weapons used to kill civilians.”
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