PolitiQuote

Discover video-sourced quotes by politicians

David Schweikert: “Thirty years from now, 100% of that borrowing interest…”

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

Watch on YouTube

'This Is Immoral': David Schweikert Issues Dire Economic Warning To House Colleagues

Published | Video Starts at 08:47

And then I brought one, it's 130 trillion. And then CBO, what was it about two weeks ago, three weeks ago said no, Schreicher, you're wrong, it's going to be 141 trillion. Thirty years from now, 100% of that borrowing interest healthcare, almost all Medicare. And then if eight, nine years from now when the Social Security trust fund has been emptied out and seniors are about to take a 25% cut and we are … (08:47–08:58)

CLAIM

Asserts that in 30 years, borrowing will primarily fund interest and healthcare, especially Medicare.

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.


David Schweikert

Discover more from

David Schweikert

Report A Transcription Error

Please report any error in the automated transcription.

About PolitiQuote

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.

PolitiQuote is a service of Gigafact Foundation, a nonpartisan nonprofit advancing facts and information transparency, community by community.

Visit gigafact.org to learn more.