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David Schweikert: “We're consuming much of the world's available capital.”

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

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'This Is Not A Gotcha Question': David Schweikert Presses Janet Yellen About Low Cash Balances

Published | Video Starts at 05:19

I just. My fear is as a committee and we're not telling each other the truth of the scale of the borrowing stress we are basically United States and China. We're consuming much of the world's available capital. Really wish we could have a more adult conversation of the scale of this is almost hitting a dystopian levels of numbers. And with that, Mr. Chairman, I yield back. (05:19–05:23)

CLAIM

Asserts that the United States and China are consuming a significant portion of the world's available capital.

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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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