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David Schweikert: “Interest in mandatory program spending will exceed revenues…”

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

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BREAKING NEWS: Schweikert Unleashes Biden's Debate Claim About Social Security In Epic Floor Speech

Published | Video Starts at 16:31

But I want to hold the meetings at a Starbucks. All right. Actually, I've been backed off Starbucks. Let's do a bit of blackrock coffee or something else. All right. Interest in mandatory program spending will exceed revenues for fiscal year 24. Guess what fiscal year we're in right now? So this isn't some projection for the future. This is today. All discretionary spending is borrowed. I'm just trying to create another chart to make the point. (16:31–16:38)

CLAIM

Asserts that interest and mandatory spending will surpass revenues in fiscal year 2024.

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