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David Schweikert: “Remembering we borrowed 8.4% of GDP last year was just the…”

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

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'We Need To Have An Honest Discussion': David Schweikert Urges Serious Consideration Of Tax Plans

Published | Video Starts at 06:08

At some point, if we have follow up questions, we need to have an honest discussion of what different tax proposals produce as income as a percentage of GDP. Remembering we borrowed 8.4% of GDP last year was just the borrowing. So with that, I yield back. Okay, Mr. Doggett, you're recognized for five minutes. Thank you very much, Mr. Chairman. And thank you also that we have differing perspectives on much of the tax code. (06:08–06:14)

CLAIM

Asserts that 8.4% of GDP was borrowed last year.

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