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David Schweikert: “Today we spend about $5 for a senior for every dollar we…”

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 13:28

The fact of the matter is, when I was a kid, five to six dollars was spent for those under 18 for every one dollar for a senior. Today that is reversed. Today we spend about $5 for a senior for every dollar we spend for those under 18. It's demographics. There's different population dynamics, but those numbers and then the healthcare costs, because if Medicare is going up just 10% so far this fiscal year, you got to … (13:28–13:33)

CLAIM

Asserts that current spending is $5 per senior for every $1 spent on those under 18.

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