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David Schweikert: “So far this fiscal year we're about, only about 55 days into…”

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

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Published | Video Starts at 05:15

Complex policy and, and I hope we will touch on it, but the United States is in a real financial bite. But we over the last 12 months borrow about 71,000 a second. But So far this fiscal year we're about, only about 55 days into this fiscal year we're borrowing about probably about $150,000 a second. So that means we will click off from October 1st to maybe just before Christmas, another trillion dollars in borrowing. And that borrowing is driven by interest. (05:15–05:25)

CLAIM

Asserts that the U.S. is borrowing approximately $150,000 per second in the current fiscal year.

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