PolitiQuote

Discover video-sourced quotes by politicians

Tom Cole: “We've cut back and we're spending around 3%, you know, half…”

Featuring: Tom Cole, Republican | U.S. House Oklahoma, 4th Congressional District

Watch on YouTube

SAVE Act draws questions in House

Published | Video Starts at 11:39

Look, we under fight as late as 1990, we're spending around 6% of our GDP on defense. Cold War ended, China not a threat in that period of time. And frankly, We've cut back and we're spending around 3%, you know, half of what we did at as a percentage of our economy during Reagan. a lot less than we did under Eisenhower, Kennedy in that era. And so we, and frankly, remember Democrats spent $2.7 trillion on the American rescue plan and a much … (11:39–11:48)

CLAIM

Asserts that current U.S. defense spending is around 3% of GDP, half of what it was during Reagan's presidency.

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.


Tom Cole

Discover more from

Tom Cole

Report A Transcription Error

Please report any error in the automated transcription.

About PolitiQuote

PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

PolitiQuote is a service of Gigafact Foundation, a nonpartisan nonprofit advancing facts and information transparency, community by community.

Visit gigafact.org to learn more.