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Ruben Gallego: “It's not even a loan because the loans look a little more…”

Featuring: Ruben Gallego, Democratic | U.S. Senate, Arizona

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What's going on in Argentina, Venezuela, and Russia?

Published | Video Starts at 02:05

Because the reason why Argentina is going into the tank is because they have such a generous system when it comes to universal healthcare system, and we are giving them $40 billion for them to use to prop up their economy. And It's not even a loan because the loans look a little more secure. It's a credit swap. What does that mean? We took $40 billion worth of armed Argentinian presos that are equivalent to US dollars as our collateral. (02:05–02:10)

CLAIM

Asserts that the $40 billion given to Argentina is a credit swap, not a loan.

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Ruben Gallego

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