Ted Cruz: “They're going to set prices 30% below cost.”

“To put in perspective and listen, a couple of things are going to happen. So you're going to have five city run grocery stores. They're going to set prices 30% below cost. So one of the things that's going to happen is people are going to come in and buy those, those goods at those lower costs. They're going to run out.” (13:24–13:28)

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.