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David Schweikert: “Raising the cap 100% only covers like 48% of the [Social…”

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

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Congressman David Schweikert on political future, the numbers behind Social Security and Medicare

Published | Video Starts at 13:16

Or you get the Democrats as well. If we just raise this tax, and then you show them that, like, even on Social Security, Raising the cap 100% only covers like 48% of the [Social Security] shortfall. And then you've chewed up much of your tax capacity for saving Medicare and other things, which are three quarters of the problem. But there's ways to do this. (13:16–13:24)

CLAIM

Asserts that fully raising the Social Security cap covers only 48% of its shortfall.

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