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Ted Cruz: “2018, they start getting loans. They get $14 million of…”

Featuring: Ted Cruz, Republican | U.S. Senate, Texas

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EXCLUSIVE PART 1 - JAMES COMER ON BIDEN CORRUPTION | Verdict Ep.191

Published | Video Starts at 15:03

Going through their bank records, they've received all this money that they call loans. There are hardly any loan repayments, any principal payments, and no interest payments. All right, so this goes back to 2018, principal payment. 2018, they start getting loans. They get $14 million of loans. You're saying from 2018 to 2023, that's five years. There are very, very few loan repayments at all, either principal or interest. In other words, this is some sort of magic loan that you don't need collateral for, you don't have to pay back. (15:03–15:16)

CLAIM

Asserts that Hunter and Jim Biden received $14 million in loans starting in 2018 and made very few repayments over five years.

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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