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David Schweikert: “In nine budget years Moody says... will be borrowing 9% of…”

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

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David Schweikert's Address on Economic Challenges and Legislative Solutions

Published | Video Starts at 03:27

Our cuts came out to about 1% OF GDP. Big two and a half percent. Looks like we're going to borrow 7.3% of the economy this year and In nine budget years Moody says... will be borrowing 9% of GDP. GDP. Now I'm sorry, most people, you know, David, we don't know what gdp. What do you mean by that? Just, just understand the scale is. (03:27–03:35)

CLAIM

Asserts that in nine years, the U.S. will borrow 9% of GDP, according to Moody's.

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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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