David Schweikert: “The scale of our debt is creating economic distortion.”

“… invest in something, A new plant, a new equipment, a new widget, those sorts of things. When I can get 5% on a two year, I'm going to do that. The scale of our debt is creating economic distortion. And it's just a concept. We need to understand that also in some ways Congress, and this always drives people who believe it's Fed and liquidity.” (07:45–07:49)

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.