My fear is, as a committee, we are not telling each other the truth of the scale of the borrowing stress.
David Schweikert: “My fear is, as a committee, we are not telling each other the truth of the scale of the borrowing stress.”
Editor's note · Context
Schweikert expresses concern about the lack of honesty regarding U.S. borrowing levels.
Share
More from David Schweikert
--because, between Social Security and interest, that is probably 54 or 55 percent of all mandatory. Sorry. It is a weird way I remember numbers. Well, let's risk our political careers. How many of you have read--
As of today, for the last 12 months, so more than just within the fiscal year, the last 12 months--so I pick up the tax cycle, and I pick up everything else--we are borrowing about $87,000 a second, every second of every day. Yet, I will…
These are wonderful people, but they’ve never actually been in the great battle,
Yeah. Your life is hell. I do Joint Economic Committee and Ways and Means. That is actually one of the elegance the Founding Fathers gave us is, we eventually end up where we are good. In some ways, I always loved the yin and yang thing…





