David Schweikert: “I know we are all up against the clock; as my wife would say, the tyranny of the clock. So I had all sorts of boards and…”

“I know we are all up against the clock; as my wife would say, the tyranny of the clock. So I had all sorts of boards and information. I was going to drive the poor stenographer nuts because sometimes I talk a little fast. I will try to slow down. I apologize. I have had a lot of caffeine. But I have a simple thing I want to try to walk through. And that is that this place isn't dealing with the actual crisis that is about to crush this country, and it is debt. But it is also opportunity. It is opportunity for our underserved populations; those who have been crushed by COVID. And when you look at why, I think we have a solution, but we have to think differently in this place. So first let's do the global problem. The honest truth about what is about to crush us, as a people, is debt. Take a look at this chart next to me. Over the next 30 years--and this is in adjusted dollars, so this is in today's dollars--$101 trillion of debt in today's dollars. I don't think we ever get close to that, being able to finance that type of debt. But if you look at the chart, 67 percent of it is just Medicare. The rest here is Social Security. The little green part of that $101 trillion, only about $3 trillion of it is the rest of government. It is Medicare and Social Security. If you believe, like I do, that we have a moral obligation to keep our promises on Social Security and Medicare, we need to step up and deal with the reality of the math hiding it.…”