David Schweikert: “For that growth you only get 17, 18, maybe even 19% of that…”

“Here's the basic simple rule. GDP, the size of the economy in 2023, grew a trillion and a half dollars. But you do understand For that growth you only get 17, 18, maybe even 19% of that in tax receipts. So when the gross, that's wonderful, but it's not dollar for dollar. And so I will get people that say, OK, you guys borrowed two and a half trillion dollars, but the economy grew one and a half.” (28:36–28:46)

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