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David Schweikert: “We borrow every dime we as members of Congress vote on.”

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

'It's Uncomfortable But I Do Want Us To Think About' This Shocking Reality: David Schweikert

Published November 15, 2023 | Video Starts at 00:34

But I do want us to conceptually think about something. And I've been trying to find forms to say it over and over and over and over. We borrow every dime we as members of Congress vote on. Every dime of defense is now borrowed. Every dime a non defense discretionary now is borrowed. (00:34–00:40)

CLAIM

Asserts that all congressional spending is funded through borrowing.

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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David Schweikert

“Every dime of defense is now borrowed.”
'It's Uncomfortable But I Do Want Us To Think About' This Shocking Reality: David Schweikert | Uploaded November 15, 2023 | 00:39-00:43
“Every dime a non defense discretionary now is borrowed.”
'It's Uncomfortable But I Do Want Us To Think About' This Shocking Reality: David Schweikert | Uploaded November 15, 2023 | 00:42-00:46
“Last fiscal year we had what, 300 billion, maybe 400 billion of let's call it Medicare, but in mandatory that was borrowed.”
'It's Uncomfortable But I Do Want Us To Think About' This Shocking Reality: David Schweikert | Uploaded November 15, 2023 | 00:45-00:56
“Treasury yesterday basically release an update that's saying gross interest this fiscal year will top a trillion dollars.”
'It's Uncomfortable But I Do Want Us To Think About' This Shocking Reality: David Schweikert | Uploaded November 15, 2023 | 01:26-01:36
“Social Security is our number one spend. Interest just became our number two spend. Medicare is our number three spend and Defense now is…”
'It's Uncomfortable But I Do Want Us To Think About' This Shocking Reality: David Schweikert | Uploaded November 15, 2023 | 01:38-01:47
“Democrats functionally through the Biden have borrowed 4.8 trillion in functionally three years.”
'It's Uncomfortable But I Do Want Us To Think About' This Shocking Reality: David Schweikert | Uploaded November 15, 2023 | 06:51-06:59
“The primary driver of the US debt is our demographics.”
'It's Uncomfortable But I Do Want Us To Think About' This Shocking Reality: David Schweikert | Uploaded November 15, 2023 | 07:22-07:27
“100% of the growth of debt and our office now is calculating 130, 140 billion during that time particularly we start to calculate in the new…”
'It's Uncomfortable But I Do Want Us To Think About' This Shocking Reality: David Schweikert | Uploaded November 15, 2023 | 07:33-07:45
“If we backfill Social Security in nine years when the trust fund is gone, it's going to consume every available dollar.”
'It's Uncomfortable But I Do Want Us To Think About' This Shocking Reality: David Schweikert | Uploaded November 15, 2023 | 07:45-07:52
“The tax hikes that have been proposed for every category on $400,000 and up only brought in about 1.5% of GDP when adjusted.”
'It's Uncomfortable But I Do Want Us To Think About' This Shocking Reality: David Schweikert | Uploaded November 15, 2023 | 08:18-08:28
“We borrowed 8.4 last year.”
'It's Uncomfortable But I Do Want Us To Think About' This Shocking Reality: David Schweikert | Uploaded November 15, 2023 | 08:27-08:30