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Ted Cruz: “Inflation still stayed down [after the 2017 tax cuts].”

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

Ted Cruz Trump's First Week, Texas vs. California, Immigration, DOGE, Greenland.

Published January 19, 2025 | Video Starts at 28:56

So we cut taxes. Sadly, we did not cut spending. I tried mightily to cut spending, but we did not have the votes to do it. And Inflation still stayed down [after the 2017 tax cuts]. So if the economy is booming, you can turn things around. Look, Doge. But is there a deficit mandate? So I am excited about Doge. Elon is a good friend. (28:56–28:59)

CLAIM

Asserts that inflation remained low following the 2017 tax cuts.

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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Ted Cruz

“In Texas, we believe in freedom. We believe in low taxes and low regulations.”
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“1987 is when Ronald Reagan signed amnesty into place. And at the time, there were 3 million illegal immigrants living in the United States.”
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“Secure the border. And I believe that'll start on January 20th and it will start by ending catch and release.”
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“The amnesty happened, but the border never got secured.”
Ted Cruz Trump's First Week, Texas vs. California, Immigration, DOGE, Greenland. | Uploaded January 19, 2025 | 05:37-05:42
“The highest concentration of illegal immigrants was in California.”
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“1988 was the last year California ever went Republican [in the presidential race].”
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“Texas has no income tax.”
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“It has now been more than a decade that we have had over 1000 people a day moving to Texas.”
Ted Cruz Trump's First Week, Texas vs. California, Immigration, DOGE, Greenland. | Uploaded January 19, 2025 | 08:27-08:34
“When I was first elected 13 years ago, we had 26 million Texans. Today, we have over 31 million Texans.”
Ted Cruz Trump's First Week, Texas vs. California, Immigration, DOGE, Greenland. | Uploaded January 19, 2025 | 08:34-08:42
“The biggest state folks come from is California.”
Ted Cruz Trump's First Week, Texas vs. California, Immigration, DOGE, Greenland. | Uploaded January 19, 2025 | 08:45-08:48
“The number one reason people come to Texas is Texas, where the jobs are.”
Ted Cruz Trump's First Week, Texas vs. California, Immigration, DOGE, Greenland. | Uploaded January 19, 2025 | 09:23-09:27
“You look at things like defunding the police or Soros prosecutors that let murderers go.”
Ted Cruz Trump's First Week, Texas vs. California, Immigration, DOGE, Greenland. | Uploaded January 19, 2025 | 09:33-09:39
“We also have among the lowest labor force participation we've ever had, 62% right now.”
Ted Cruz Trump's First Week, Texas vs. California, Immigration, DOGE, Greenland. | Uploaded January 19, 2025 | 18:19-18:25
“There are millions that have just dropped out of the labor force altogether.”
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“We have healthy young adults who should be working who are not working.”
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“If anyone doesn't work for a year, the odds of their going back to the workforce drop precipitously.”
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“Every year, about 50,000 Canadians come to America on what they call medical tourism because they can't get the medical care they need in…”
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“California could adopt socialized medicine today. It's not the mean old Republicans that are stopping them.”
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“The legislature looked at [socialized medicine] and realized it would bankrupt them.”
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“On Monday, we're going to see a flurry of executive orders. I think it'll be in the neighborhood of 100 executive orders.”
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“The Biden administration's put in over 90 different regulations and executive orders, all designed to drive up the cost of energy.”
Ted Cruz Trump's First Week, Texas vs. California, Immigration, DOGE, Greenland. | Uploaded January 19, 2025 | 26:50-26:59
“The 2017 Trump tax cuts are expiring this year. We're going to extend them.”
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“Under Biden, we have abandoned and alienated our friends and we've shown weakness and appeasement to our enemies.”
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“Tax revenue went up every single year after we cut the taxes, the revenue from the federal government went up.”
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“Sadly, we did not cut spending. I tried mightily to cut spending, but we did not have the votes to do it.”
Ted Cruz Trump's First Week, Texas vs. California, Immigration, DOGE, Greenland. | Uploaded January 19, 2025 | 28:48-28:57
“At least in the first term, Donald Trump did not campaign as a small government conservative, and he did not govern as a small government…”
Ted Cruz Trump's First Week, Texas vs. California, Immigration, DOGE, Greenland. | Uploaded January 19, 2025 | 30:34-30:45
“I have introduced in every Congress a constitutional amendment that would limit senators to two terms, limit House members to three terms.”
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“On any big spending bill, you unfortunately have a bipartisan coalition in favor of spending. You have essentially all the Democrats and…”
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“There are about 20 of us who will vote against a trillion dollar spending bill.”
Ted Cruz Trump's First Week, Texas vs. California, Immigration, DOGE, Greenland. | Uploaded January 19, 2025 | 32:27-32:34
“I don't think we will ever see real spending restraint without strong presidential leadership, which means it will never come from a Joe…”
Ted Cruz Trump's First Week, Texas vs. California, Immigration, DOGE, Greenland. | Uploaded January 19, 2025 | 32:38-32:48
“Greenland, on the other hand, I think, is a very serious policy proposal.”
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“There are enormous national security and economic reasons why acquiring Greenland makes a ton of sense.”
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“Greenland's location on the Arctic, it has incredibly prime location on the Arctic from a national security perspective.”
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“Greenland makes an enormous sense from that perspective. It also makes an enormous perspective from critical minerals and rare earth…”
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“If you do nothing, you may end up getting nothing for Greenland because they break off on their own.”
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“For it to happen, I think you would probably have to have a referendum on Greenland.”
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“I think Jimmy Carter giving away the Panama Canal remains one of the most spectacularly stupid decisions a president has ever done in…”
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“President Trump has put forth is that Panama is in violation of that agreement because they have allowed China to effectively seize control…”
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“US Navy ships pay double what any other country's Navy ships pay.”
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“American commercial ships pay 58% more than other nations pay [for the Panama Canal].”
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“I think right now, every Trump Cabinet nominee gets confirmed.”
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“Rubio will get 90 votes. He could get north of 95 votes.”
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“John Ratcliffe for CIA, he'll get significant bipartisan votes.”
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“Sean Duffy at Transportation, he'll get a bunch of bipartisan votes.”
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“Howard Lutnick at Commerce. My guess is he'll get bipartisan votes.”
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“Brooke Rollins at Department of Agriculture, again, everyone wants stuff for ag and farmers in their state.”
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“The Results Act says that if any pharmaceutical, any medical device, is approved in another major developed country... the FDA has 60 days…”
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