PolitiQuote

Discover video-sourced quotes by politicians

Tammy Baldwin: “We have seen staggering sums of corporate profits being used…”

Featuring: Tammy Baldwin, Democratic | U.S. Senate, Wisconsin

Watch on YouTube

Senator Baldwin Discusses the Stop Bad Mergers Act

Published | Video Starts at 08:36

So since the time that the sec, the securities Exchange Commission, sort of opened that door up again, We have seen staggering sums of corporate profits being used for stock buybacks. as opposed to these other things that you could do with those profits. And in fact, some corporations have even gone into debt. (08:36–08:44)

CLAIM

Asserts that large amounts of corporate profits are used for stock buybacks.

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.


Tammy Baldwin

Discover more from

Tammy Baldwin

Report A Transcription Error

Please report any error in the automated transcription.

About PolitiQuote

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.

PolitiQuote is a service of Gigafact Foundation, a nonpartisan nonprofit advancing facts and information transparency, community by community.

Visit gigafact.org to learn more.