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David Schweikert: “The 2024 budget will only borrow about 1.3, then it was 1.5…”

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

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Schweikert: Congress Has Handed Control of Nation Over to the Bond Market

Published | Video Starts at 14:35

Math will win, but this place will still curl up in a fetal position of fantasy. And one more time, it keeps ticking away from us. Remember one year ago we were estimating saying, yeah, this The 2024 budget will only borrow about 1.3, then it was 1.5, then maybe 1.6. And we're looking at numbers now that the public borrow, that means selling bonds is 2.8. that the total borrowing now is approaching. And this is from the Treasury. This isn't from, you know, my joint economic economist or Schweikert's brain. This is from the Treasury's own numbers. (14:35–14:58)

CLAIM

Asserts that the borrowing estimates for the 2024 budget have increased from 1.3 trillion to 2.8 trillion.

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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