Political Quotes

On the recordMay 17, 2023
We are going to actually sort of walk through a couple things we did last week. We are going to do it again because I got the feeling no one was listening. We had a joint economic hearing today, which, you know, I am blessed to be called the vice chair. We rotate the chairmanship back and forth between the House and the Senate. Have you ever had the occasion where in the hearing everyone knows the truth, but no one is allowed to actually say it out loud, and those of us who go and say it out loud sort of get fussed at? Well, as my father used to say to me: ``Screw them.'' We are going to actually have something unique around here. We are going to tell the truth. First off, I had my heart broken. A Bloomberg reporter this morning broke my heart. I was listening to one of the news readers, and they go, well, the U.S. is going to default maybe in the beginning of June. Okay. Once again, someone go get your financial dictionary. Default is when you do not pay the interest on your bonds. Thirty percent of our spending is borrowed. That basically means 70 percent we have receipts, income, tax revenues. We have plenty of cash to cover the interest on our bonds. Now, that doesn't mean there is not disharmony or unhappiness for that 30 percent that wants a check.…
Said by
David Schweikert
Republican · Arizona

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