David Schweikert

I would inquire once again on how much time is remaining. The Acting CHAIR (Mr. Simpson). The gentleman from Arizona has 7\1/2\ minutes remaining. The gentleman from Virginia has 4\1/2\ minutes remaining.

Apparently, the Democratic position is the $2,000 you get per child, which was the doubling of the child tax credit in 2017, should go away and go back to the $1,000? Wow. I think that is what I just heard. Those of us who have adopted…

Let me have just a couple of moments of joy here. A reconciliation budget that only touches individuals and passthrough businesses, so there are no shareholders who are getting-- that is actually already locked in. That is one of the…

May I inquire as to the time remaining. The Acting CHAIR. The gentleman from Arizona has 9 minutes remaining. The gentleman from Virginia has 13\1/2\ minutes remaining.

Woman, economic literature and, actually, I think even the board here demonstrated that, if we go back to the original TCJA, over 70 percent of those corporate tax cuts show up in wages. That is one of the reasons there was such remarkable…

May I inquire as to how much time remains. The Acting CHAIR. The gentleman from Arizona has 16\1/2\ minutes remaining. The gentleman from Virginia has 18 minutes remaining.

The average family would save $2,853. That is your crumbs. I would argue, for the average family that has been crushed by the previous 3 or 4 years in inflation, if you don't make 27 percent more money in my district, you are poorer today…

For those of us from the Valley of the Sun, the Phoenix, Arizona, area, there is an excitement around us. Our college team, Arizona State University, which was predicted to be last in its first year in the Big 12, has made the college…

The priority, number-one priority of our society needs to be those kids.

Maybe our priority needs also to be the child and the child's welfare and the child's future.

It is antisemitism. It is burning down and moving back to a historic evil. And it will tear civil society apart.

To the Members here: I appreciate the kind words. Mr. Chairman, we are on the edge of a revolution of being able to understand these massive data sets. If we do this well, maybe the constant conversation we have here between the left and…

I have an amendment at the desk. The Acting CHAIR. The Clerk will designate the amendment. The text of the amendment is as follows: Page 36, line 18, after the dollar amount, insert ``(reduced by $10,000,000) (increased by $10,000,000)''…

I appreciate the gentlewoman being willing to tolerate me and engage in that. Mr. Chairman, I yield back the balance of my time. The Acting CHAIR. The question is on the amendment offered by the gentleman from Arizona (Mr. Schweikert). The…

You have a much higher degree of expertise. Both of you do in regard to VA issues. I do taxes and Medicare financing. One of the reasons we were hopeful about this is because it is sort of a closed ecosystem. It gives us the chance, as we…

I have an amendment at the desk. The Acting CHAIR. The Clerk will designate the amendment. The text of the amendment is as follows: Page 26, line 24, after the dollar amount, insert ``(increased by $1,000,000)''. Page 35, line 23, after…

It is more complicated, and I have to do about a half-hour presentation to talk about it because it is more than just the disability payments that are part of Social Security and SSI.

The gentleman may want to leave before I do this chart because this chart really upsets people.

It really is the vast majority of the money. Now, it is earned benefits. You earned it. We just don't have the money for it. I am going to light myself on fire. I am going to go out of order.

The running joke in our office, and this is one of our tests for the interns--you are going to be tested on this later: What is your government? In one sentence, describe it. It is an insurance company with an army.

No. Now, it is a little more complicated than that because Social Security is on the FICA side. Interest is general fund. Defense is general fund. Medicare is a little tricky, because it is about--I have a chart here I wasn't going to use…

Medicare spending, when I checked about 6 weeks ago, was already up 10 percent in spending this fiscal year.

I thank Dr. Harris for joining me, and I yield back. ____________________

Yes. On the economic side, we call it knock-off effects, second-degree, third-degree effects. In some ways, they are not even that. They are just the principal effects.

Doctor, the morality argument I really want us to make is the way we have designed these programs, as they were originally designed decades and decades and decades ago, we now understand, we are financing people's misery instead of…