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David Schweikert: “United States is now number 14 on the credit stack.”

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

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Final September Floor Speech - David Schweikert

Published | Video Starts at 03:02

… how much liquidity and how many idiots like me come behind these microphones and try to explain the world debt markets to you, take it seriously. It's not a game. United States is now number 14 on the credit stack. That means there's 13 other countries today that can sell a 10 year bond cheaper than us. Greece today can sell a 10 year bond cheaper than the United States. (03:02–03:06)

CLAIM

Asserts that the U.S. ranks 14th in credit ratings compared to other countries.

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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