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David Schweikert: “When you're borrowing 80 to $100,000 a second every day…”

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

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BREAKING NEWS: Schweikert Unleashes Biden's Debate Claim About Social Security In Epic Floor Speech

Published | Video Starts at 06:15

You know, if you're burning through eight to nine billion dollars a day, you gotta understand, stop lying to the voters, stop making crap up. Because at some point the bond market will be the ones in charge of this country. When you're borrowing 80 to $100,000 a second every day, when you have to bring almost 10 trillion to market this year. both in virgin and refinance, when the bond market gets cranky, it gets really expensive for us. So here's a point on this chart. 74% is in mandatory spending. (06:15–06:26)

CLAIM

Asserts that the U.S. is borrowing $80,000 to $100,000 per second and needs to bring almost $10 trillion to market this 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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