Political Quotes

On the recordDecember 7, 2023
Mr. Speaker, I will try to wrap this up in the next couple boards so the gentleman from Texas can have his time. This is pretty much the same thing. We actually did the modelling on the permanent deficit, its interest carrying costs. That is what is over here in whatever earth tones that is. One of the things I have heard the Progressive Caucus talk about, there is some absurd thing called the oligarch's tax where they are going to find really rich people, and the richer they are, they are just going to take portions of their unearned income or their assets. Okay. Fine. I guess that is where the left's brain is, but you have to stop lying to people about the math. It only covers a tiny fraction of the borrowing. Part of this even comes from one of the progressive group's own math. It is revenge for people who made a bunch of money, who vote for them and contribute to them, and then they make up the math. This is such an absurd place. Look. Maybe no one actually cares. I have come here in the past and sort of showed the trajectory we are on to the amount of our economy that will be in debt, and we are already right here. Remember, this is a chart that if you actually start to do the baseline, and you start to actually do different baseline annual growths--you have to understand, in less than a decade, if our annual growth does not exceed the mean, meaning we only grow at a half a percent over those years, we are already at 125 percent debt to GDP.…
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David Schweikert
Republican · Arizona

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