PolitiQuote

Discover video-sourced quotes by politicians

David Schweikert: “Medicare is at 6 point functioning in the 30 year window…”

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

Watch on YouTube

Schweikert: Congress Has Handed Control of Nation Over to the Bond Market

Published | Video Starts at 22:19

But what's fascinating is sometime in the next decade you actually have Medicare taking more of the total economy than Social Security. But the thing that I was surprised no one noticed, if Medicare is at 6 point functioning in the 30 year window, gets as high as 6.9% of the entire economy. and then Social Security is another 5.9% of the economy and that's just the two earned retirement programs. (22:19–22:27)

CLAIM

Asserts that Medicare spending could reach 6.9% of the economy in 30 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.


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.