Ted Cruz: “You can't buy a hot dog stand in Palm Beach for $18 million.”

“I saw your dad not shortly after that. And I offered him on the spot. I said, Mr. President, I'll give you 20 million right now. I'll take two. I mean, as you know, You can't buy a hot dog stand in Palm Beach for $18 million. And that notion, to me, it was the most ludicrous. It was a relatively small detail of what was a pile of idiocy upon idiocy. But you guys were the targets of it.” (03:08–03:13)

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.