Ted Cruz: “12 and a half billion dollars is a major investment in…”

“You've got a little over $12 billion here for enhancements and improvements. Is that enough money to replace the nation's air traffic control system? Well, 12 and a half billion dollars is a major investment in modernizing air traffic control. There's no doubt we need to do so. It's something I've been fighting for, for over a decade in the Senate, that if you look right now at our air traffic control system, it's outdated equipment.” (02:57–03:03)

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.