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David Schweikert: “In nine years we're borrowing 9% of the entire economy.”

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

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David Schweikert's Address on Economic Challenges and Policy Solutions

Published | Video Starts at 31:12

So the solutions you hear repeatedly from our brothers and sisters on the left just mathematically aren't true. Raise taxes, you get 1.5% of GDP In nine years we're borrowing 9% of the entire economy. Well, for Social Security, just raise the cap, okay? And don't give any benefits. That's the other part. Keep the benefit formula at where it is today. (31:12–31:16)

CLAIM

Asserts that U.S. borrowing will reach 9% of GDP in nine years.

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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