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David Schweikert: “The GROSS Borrowing in nine budget years is $56 trillion.”

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 13:38

Hey, look, we had this money, but we often don't actually show the interest we're paying back, but we owe interest. If you add in the internal borrowing, The GROSS Borrowing in nine budget years is $56 trillion. 56 trillion. Why is there a sense of panic around here? Didn't anyone bother to grab the joint economic report or the CBO report? (13:38–13:44)

CLAIM

Asserts that gross borrowing will be $56 trillion over nine budget years.

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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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