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David Schweikert: “CBO baseline was like 5% [of GDP for borrowing].”

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

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Published | Video Starts at 16:27

But hey guys, everything we talk about, we're going to get 1% of cuts and a point and a half of taxes. We're borrowing close to 9% of GDP right now. The CBO baseline was like 5% [of GDP for borrowing]. Anyone here do math? Anyone own a calculator? Anyone have a battery in the calculator? You can't cut yourself and you can't tax enough to make this work yet. (16:27–16:40)

CLAIM

Asserts that the Congressional Budget Office's baseline for borrowing was 5% of GDP.

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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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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