PolitiQuote

Discover video-sourced quotes by politicians

David Schweikert: “Yesterday we had $100,000 a second we were borrowing.”

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

Watch on YouTube

Schweikert: Congress Has Handed Control of Nation Over to the Bond Market

Published | Video Starts at 01:27

Because the scale of the debt, remember, every 110, 115 days, we're clicking off another trillion dollars of borrowing. So yay for that. So also, we also did another benchmark. Yesterday we had $100,000 a second we were borrowing. Congratulations once again. It's the third time, third time outside Covid when we've clicked through $100,000 a second. And the reason I break it down to a second is when how many people can visualize a trillion dollars? (01:27–01:31)

CLAIM

Asserts that the U.S. was borrowing $100,000 per second on a specific day.

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.


David Schweikert

Discover more from

David Schweikert

Report A Transcription Error

Please report any error in the automated transcription.

About PolitiQuote

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.

PolitiQuote is a service of Gigafact Foundation, a nonpartisan nonprofit advancing facts and information transparency, community by community.

Visit gigafact.org to learn more.