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David Schweikert: “39 cents out of every dollar you sent in went just interest.”

Featuring: David Schweikert, Republican | U.S. House, Arizona, District 1

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Schweikert: Congress Has Handed Control of Nation Over to the Bond Market

Published | Video Starts at 00:31

So let's actually do a little bit of fun with honesty of the math. A couple days ago was tax day. Did you know when you paid your taxes, 39 cents out of every dollar you sent in went just interest. 39 cents of every dollar you sent in. As an individual taxpayer, you know, that's the billionaire that's down to the working stiff that actually had income tax. (00:31–00:38)

CLAIM

Asserts that 39% of tax dollars go to interest payments.

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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.

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