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David Schweikert: “Medicare spending has already moved up almost 10% this year.”

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

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

Published | Video Starts at 07:34

So one more time, let's do this. Medicare will be 1,450,000,000. Interest will be 1.1, 1.2 trillion. Medicare will be 839. Defense will be right there. Now remember, we were just calculating that Medicare spending has already moved up almost 10% this year. We have Medicare coming in as number three and defense coming in as number four. It's a lot different than the folklore out there in society. (07:34–07:39)

CLAIM

Asserts that Medicare spending has increased by nearly 10% in the current fiscal year.

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