Ted Cruz: “The CAFE standards... made cars much, much more expensive.”

“… for Trump accounts, on Wednesday, I joined the President again, this time with the CEOs of the major auto companies in the United States. As the President was implementing legislation, … The CAFE standards... made cars much, much more expensive. … the internal combustion engine, to force everyone to buy an electric car whether they want it or not. And as part of the one big beautiful bill, we zeroed that out entirely.” (20:53–21:06)

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.