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David Schweikert: “We borrowed like $57 billion last week.”

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

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Published | Video Starts at 22:27

Part of all the other things that go into how the Moody's and the S and P's and those do but understand, until we can also demonstrate to the bond markets. And you go, why is he talking about the bond markets? I think We borrowed like $57 billion last week. You know, there's some good news in one half our estimate that we would borrow 2.8 trillion this fiscal year, maybe down to two and a half. Yay. (22:27–22:32)

CLAIM

Asserts that the U.S. borrowed approximately $57 billion in one week.

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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