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David Schweikert: “Social Security and Medicare run a $124 trillion deficit…”

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

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BREAKING NEWS: Schweikert Unleashes Biden's Debate Claim About Social Security In Epic Floor Speech

Published | Video Starts at 09:38

… have a Republican, Democrat, White House, and maybe some actual econometricians and people that actually have calculators come up with a solution to actually fix it. Okay, the chart Now, Social Security and Medicare run a $124 trillion deficit over the next 30 years. but the rest of the federal government has about a 9 trillion dollar surplus because their growth rate is actually expected to run slower than the growth of tax receipts. (09:38–09:46)

CLAIM

Asserts that Social Security and Medicare will have a $124 trillion deficit over the next 30 years.

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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