Schweikert: Every Dime That Congress Votes on Is Borrowed Money
December 09, 2023
December 09, 2023
WASHINGTON, Dec. 9 -- Rep. David Schweikert, R-Arizona, has issued the following news release on Dec. 8, 2023:
U.S. Representative David Schweikert (AZ-01) delivered a speech on the House Floor today to hammer home the fact that gross interest will climb above $1 trillion this fiscal year, making interest the second largest expense in all of government. Rep. Schweikert also explained that the Social Security trust fund runs out of money in nine years, setting in an automatic 25% cut . . .
U.S. Representative David Schweikert (AZ-01) delivered a speech on the House Floor today to hammer home the fact that gross interest will climb above $1 trillion this fiscal year, making interest the second largest expense in all of government. Rep. Schweikert also explained that the Social Security trust fund runs out of money in nine years, setting in an automatic 25% cut . . .