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David Schweikert: “Medicare will be about 23% of every corporate tax dollar and…”

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

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'I'm Sorry, I'm Not Supposed To Curse On The Floor...': Schweikert Issues Dire Warning About US Debt

Published | Video Starts at 38:05

But there's one thing in here when you go through it that explodes at you. And that basically says, sorry, it's falling apart. We've been using it so much that basically says into this decade, Medicare will be about 23% of every corporate tax dollar and personal tax dollar we collect, that's from 13% to 23% and that's coming in just a few more years. There's this term called a black swan. That's when something sneaks up on you, blows you up and you weren't expecting it. This is called a white swan. (38:05–38:24)

CLAIM

Asserts that Medicare's share of tax dollars will increase from 13% to 23% in a few years.

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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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