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David Schweikert: “We will pay 1.2 trillion in interest this year.”

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

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'I'm Sorry, I'm Not Supposed To Curse On The Floor...': Schweikert Issues Dire Warning About US Debt

Published | Video Starts at 03:33

This week it looks like it's easier to sell that fragility. And I know that's a big word, but it's the only one I have for this. Don't play a game here. We will pay 1.2 trillion in interest this year. Interest of the United States in this fiscal year will be the second biggest expense in government. Social Security will be 1,450,000,000,000. Interest will be 1.2 trillion. Medicare, almost a trillion. (03:33–03:40)

CLAIM

Asserts that the U.S. will pay $1.2 trillion in interest in the current fiscal year.

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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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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