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David Schweikert: “Raise the cap on $400,000 and up and you only cover about a…”

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

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'A Scam': David Schweikert Lays Waste To President Biden's Newly Announced Budget

Published | Video Starts at 23:37

We know this is coming really crappy to talk about when you're out there campaigning because God knows we don't want to tell our voters the actual truth of how hard and how difficult what's coming at us is. But it's math, it's real. Raise the cap on $400,000 and up and you only cover about a quarter of this. You still double senior poverty. And that's the morality of this place. And look, it's not Republican or Democrat. It's demographics. We got old. We only have a fraction of the workers. (23:37–23:45)

CLAIM

Asserts that raising the Social Security tax cap on incomes over $400,000 would only cover about a quarter of the shortfall.

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.


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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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