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David Schweikert: “Social Security at 1,450,000,000, interest at 1.2 and then…”

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 28:54

If interest this year will my math is about 1.2 trillion. That makes interest the second biggest expense in the United States government. So it's Social Security at 1,450,000,000, interest at 1.2 and then Medicare and Defense are down here at around 8,900 billion. If I come to you a couple years ago and say interest will be our second biggest expense and it's going to continue to get worse and we'll go through this campaign and almost no one will step up and talk about it. (28:54–29:08)

CLAIM

Asserts the spending amounts for Social Security, interest, Medicare, and Defense.

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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