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Tom Barrett: “Inflation is already at a 40 year high and family budgets…”

Featuring: Tom Barrett, Republican | U.S. House, Michigan, District 7

Flashpoint: Congress candidates speak about their campaigns prior to Michigan’s election

Published September 25, 2022 | Video Starts at 20:18

So there are things that were left out of the CHIPS plan that were negotiated by stakeholders and lobbyists who didn't want those restrictions placed on there. So they're giving 50 billion in corporate welfare away to private corporations when Inflation is already at a 40 year high and family budgets are already under. It's interesting you take issue with corporate welfare clearly then isn't it right then the plan, the President's plan that seems to that seeks to tax these large corporations and businesses more. (20:18–20:23)

CLAIM

Asserts current inflation is at a 40-year high.

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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Tom Barrett

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“When you print and spend trillions, literally up to $10 trillion in new money that is pumped into the economy, the only result of that is…”
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“Since Joe Biden took office, there has been a hockey stick curve effect of inflation that has affected every American family.”
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“The Fed is raising interest rates and they're cutting the supply of money going through the supply chain, but it is not bringing down…”
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“Even the Inflation Reduction act that they championed. My opponent herself even said that it would have no effect on inflation whatsoever.”
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“We know with scientific certainty that life begins in the womb.”
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“I think this is something that will be ultimately decided by the states. Michigan residents will have their opportunity to voice their…”
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“There are only seven countries in the world that allow abortions after 20 weeks of pregnancy.”
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“This initiative allows for taxpayer funded late term abortions beyond viability that would take away parental right to consent for minors.”
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“It's just totally meritless, of course. And it's an organization that's endorsed my opponent, contributed to her campaign.”
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“It is improper for a member of Congress to be living in a residence owned by a lobbyist where they are both registered to vote.”
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“I have voted consistently against taking taxpayer money directly out of taxpayers wallets and giving it to some of the most profitable and…”
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“It's a billion dollar slush fund created by the State legislature to reward global corporations with taxes paid by working families at a…”
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“Ford Motor Company took $101 million out of this fund to hire 3,000 workers and then laid them off two months later.”
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“When you look at the factors that they look to for locating in a state, incentives ranked 9th out of 10th on the list.”
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“We could pave a brand new state highway from the Capitol Building, Lansing, all the way to the Mackinac Bridge and have money left over, pay…”
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“Corporations are at a 70 year profitability high and family budgets right now are suffering at a 40 year high.”
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“We've had dozens of people apprehended at the border who are on the terror watch list.”
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“More than 2 million illegal border crossings just in the Biden administration.”
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“Fentanyl pouring into our country, poisoning over 100,000 Americans and is the leading cause of death of Americans aged 18 to 45.”
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“I spent 22 years of my life in the United States army deployed around the world.”
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