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David Schweikert: “We may have only about 36 more months and we start to hit…”

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

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David Schweikert's Address on Economic Challenges and Policy Solutions

Published | Video Starts at 34:22

I go to great lengths to get the math right. There is hope, there is a path, there's a solution. I also have one of my economists that makes it very clear We may have only about 36 more months and we start to hit what's referred to as sort of the interest rate feedback loop. Remember a year ago, I think we had three or four months where this government had to borrow money to pay for our borrowing. (34:22–34:31)

CLAIM

Asserts that the U.S. may enter an interest rate feedback loop in about 36 months.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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