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Scott Bessent: “Winnebago in Minnesota... because of the expensing they were…”

Featuring: Scott Bessent, Republican | Secretary of the Treasury | National

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Hern Asks Sec. Bessent About Manufacturing Facility Expensing & Third Party Litigation Financing

Published | Video Starts at 02:55

And then also in your response, could you also talk about what this does for your 333 plan and how that's part of the integration of that? I think we should extend or make it permanent. I was able to go and visit Winnebago in Minnesota... because of the expensing they were on the fence on whether to do a battery project for their RVs in Florida to build a factory. But because of the full expensing of equipment, full expensing of structures, they were doing it. And I think we are seeing that again and again. But Congressman, what is very important here, and I don't think people really understand we are creating productive capacity here and productive capacity is what generates future tax revenues. (02:55–03:13)

CLAIM

Asserts that Winnebago decided to proceed with a battery project in Florida due to full expensing provisions.

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