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David Schweikert: “We estimate this year, right now we're right here, we're…”

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

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David Schweikert's Congressional Address on U.S. Debt, Healthcare, and Economic Policy Challenges

Published | Video Starts at 24:02

We just got another report that the growth of healthcare spending we expect to pop almost 3% more than modeled. That's a lot of money. But here's the punchline. We estimate this year, right now we're right here, we're spending about 18% of the entire economy on health care. In nine years, it's over 20%. Those differences are monstrous when that's that much. I mean, you're functionally seeing if that's functionally a 12%, 12.8% growth in the cost of delivering health care in that nine year span. (24:02–24:16)

CLAIM

Asserts that healthcare spending is currently 18% of GDP and will rise to over 20% in nine years.

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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