PolitiQuote

Discover video-sourced quotes by politicians

Ted Cruz: “If any company kept its books the way the federal government…”

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

Watch on YouTube

ELON MUSK JOINS VERDICT - PART 1 Verdict Ep. 214

Published | Video Starts at 10:08

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. Yes. If it was a poly company, it would be delisted immediately, it would fail its ordered, and the officers of the company would be imprisoned. (10:08–10:14)

CLAIM

Asserts that the federal government's accounting practices are so poor that they would be criminal if used by a private company.

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.


Ted Cruz

Discover more from

Ted Cruz

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.