David Schweikert: “Tonight is a continuation of a series I have been doing on the floor every other week, depending on the chaos of the…”

“Tonight is a continuation of a series I have been doing on the floor every other week, depending on the chaos of the floor schedule. I take about a half an hour and walk through things I see in the numbers and, in many ways, express my intense frustration at both the Democrats and many of my brothers and sisters on the Republican side for not taking a step backward from the daily chaos that has become the House of Representatives to realize that the single biggest threat to the cohesion of our society is demographics. I am going to walk through what that means. The reason I always put up this particular board is that we have developed, in our office, a five-prong attack on what society does financially to be able to keep the promises of Social Security and Medicare. The demographics I was speaking of are those of us who are baby boomers. There are 74 million of us born, functionally, in an 18-year period, with 10,300 of us retiring or turning 65 every single day. The math is devastatingly ugly. My instinct is maybe that is why it is avoided in conversation around here, because the math is difficult. It is uncomfortable. It is also real. Something I don't often do, but I want to read a simple paragraph from a June 11, 2019, analysis from the Manhattan Institute that was analyzing the numbers from the Congressional Budget Office. They are talking, right now, about just Social Security and Medicare.…”