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Ted Cruz: “Federal government doesn't work that way. They don't code…”

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

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ELON MUSK JOINS VERDICT - PART 1 Verdict Ep. 214

Published | Video Starts at 09:59

You need to look at the actual electronic money flows. And Tesla and all your companies, you have accounting and you have every expenditure, you have it coded for what it's going for. Federal government doesn't work that way. They don't code what the money's going for. They do now, but they didn't. They didn't. And like one of the things that you told me, you said if any company kept its books the way the federal government does, they'd Arrest the officers and put them in jail. (09:59–10:03)

CLAIM

Asserts that the federal government does not code expenditures for their specific purposes.

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