David Schweikert: “For every dollar of tax collections we get next year, what are we…”

On the recordSeptember 4, 2025

For every dollar of tax collections we get next year, what are we going to spend? For every dollar of tax collections we take in next year, we are going to spend $1.43. This one number right here should scare the hell out of people. Instead, the hallways around here are full of people demanding more spending. Just a little while ago in my office there were more people saying: Can you get us a grant? Can you get us more money? Can you regulate our competition? For every dollar of tax collections this year--we still have 3 more weeks before the fiscal year is over--my estimate is that we are going to spend $1.39. Next year, it is $1.43. How long do you intend for this to go on? Here is your problem: Most of that increase in spending is not some sort of crazy this or crazy that. It is interest. Remember, interest rates are up.

Said by

David Schweikert

Republican · Arizona

Source

govinfo.gov

Editor's note · Context

Discussing fiscal responsibility and government spending during a speech on the House floor.

Share on X Share on Facebook Email this quote

David Schweikert: “For every dollar of tax collections we get next year, what are we going to spend? For every dollar of tax collections we…”

Editor's note · Context