PolitiQuote

Discover video-sourced quotes by politicians

David Schweikert: “In nine budget years, 10 budget years, 36% of all tax…”

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

Watch on YouTube

Rep. David Schweikert on surging deficit: We're crushing the next generation

Published | Video Starts at 07:38

And so I don't understand why that doesn't look staring them in the face. Huh. You're looking at some math where if we continued what we're doing Right now, In nine budget years, 10 budget years, 36% of all tax receipts, every tax receipt goes just to pay interest. Right. And look, it's demographics. We're crushing the next generation. I'm blessed. I have young kids, my children will be technically poor than the generation before it. And it's math, it's. (07:38–07:49)

CLAIM

Asserts that in 9-10 years, 36% of tax receipts will be used for interest payments.

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.


David Schweikert

Discover more from

David Schweikert

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.