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Veronica Escobar: “Nearly $800 billion in fossil fuel subsidies that primarily…”

Featuring: Veronica Escobar, Democratic | U.S. House, Texas, District 16

The Republican Budget Plan is a Betrayal to the American People

Published February 13, 2025 | Video Starts at 02:52

How about we look at Elon Musk's $19 billion worth of federal contracts? Let's take a look at that. Or how about we take a look at the Nearly $800 billion in fossil fuel subsidies that primarily favor the richest people in the world. How about we start with that? But no, in fact, not only are we giving almost $5 trillion in tax cuts to the wealthy, and not only are we not … (02:52–03:03)

CLAIM

Asserts that there are nearly $800 billion in fossil fuel subsidies benefiting the wealthy.

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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Veronica Escobar

“Donald Trump said on day one he would lower the cost of living for Americans.”
The Republican Budget Plan is a Betrayal to the American People | Uploaded February 13, 2025 | 00:27-00:35
“Donald Trump said he would defeat inflation.”
The Republican Budget Plan is a Betrayal to the American People | Uploaded February 13, 2025 | 00:34-00:42
“Inflation is up.”
The Republican Budget Plan is a Betrayal to the American People | Uploaded February 13, 2025 | 00:55-00:57
“Americans are demanding that we address the high cost of living.”
The Republican Budget Plan is a Betrayal to the American People | Uploaded February 13, 2025 | 00:58-01:04
“The price of eggs [is] through the roof, housing is unaffordable.”
The Republican Budget Plan is a Betrayal to the American People | Uploaded February 13, 2025 | 01:06-01:12
“This budget markup will make the rich richer.”
The Republican Budget Plan is a Betrayal to the American People | Uploaded February 13, 2025 | 01:24-01:32
“Because of the cuts, it will make millions of Americans sicker, poorer, and hungrier.”
The Republican Budget Plan is a Betrayal to the American People | Uploaded February 13, 2025 | 01:31-01:40
“The federal government [is] buying $400 million in armored Tesla cybertrucks.”
The Republican Budget Plan is a Betrayal to the American People | Uploaded February 13, 2025 | 02:35-02:42
“Elon Musk's $19 billion worth of federal contracts.”
The Republican Budget Plan is a Betrayal to the American People | Uploaded February 13, 2025 | 02:44-02:49
“In my district, alone my district. This will cost El Paso and their health care and programs that help address food insecurity.”
The Republican Budget Plan is a Betrayal to the American People | Uploaded February 13, 2025 | 03:23-03:35
“130,000 El Pasoans who use Medicaid are at risk of losing their access to health care.”
The Republican Budget Plan is a Betrayal to the American People | Uploaded February 13, 2025 | 03:34-03:45
“Over 51,000 members of my community are at risk of going hungry because they will lose their SNAP benefits.”
The Republican Budget Plan is a Betrayal to the American People | Uploaded February 13, 2025 | 03:46-03:56
“The 95,000 El Pasoans enrolled in the ACA would see a 100% increase in their premiums.”
The Republican Budget Plan is a Betrayal to the American People | Uploaded February 13, 2025 | 03:59-04:10
“I have 20,000 federal employees in my district who are afraid they will be unemployed soon.”
The Republican Budget Plan is a Betrayal to the American People | Uploaded February 13, 2025 | 04:20-04:28
“Donald Trump said we would be entering into a golden era in the United States.”
The Republican Budget Plan is a Betrayal to the American People | Uploaded February 13, 2025 | 04:27-04:30