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David Schweikert: “Our burn rate is actually substantially higher than we…”

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

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'If You Are Under 40—I'm A Baby Boomer—I'm Sorry...': David Schweikert Delivers Passionate Warning

Published | Video Starts at 10:41

If you actually do gross, it's closer to 3 in the last 12 months. That was originally we built this board, we thought it would be that's what we're going to borrow publicly. Our burn rate is actually substantially higher than we expected. And what's enraging about this is the economy is fairly decent. We just weren't prepared for higher interest rates, higher other expenses. (10:41–10:46)

CLAIM

Asserts that the government's spending rate is higher than anticipated.

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