Rep. David Schweikert @RepDavid
Avid hiker and coffee enthusiast who is proud to represent Arizona's 1st Congressional District in the U.S. House of Representatives. schweikert.house.gov Arizona Joined December 2010-
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Thank you to everyone who created a piece of artwork for the 2024 Congressional Art Competition — your creativity is an integral part of our Arizona community. Congratulations to this year’s winners- Sophia, Aiden, and Margaret- for sharing their artistic talents!
Total public debt outpaced nominal economic growth by $258 billion in Q1. Over the last year, total public debt outpaced growth by $1.66 TRILLION. That makes four consecutive quarters where increases in debt outpaced growth. We cannot continue down this fiscally reckless path.
Happy ‘Take Our Daughters and Sons to Work Day’!
Once again, President Biden overpromised & underperformed in setting expectations for economic growth. 1.6% Q1 GDP growth was well below forecasts. American families can't keep up with the rising costs of the admin's failed economic policies. Vice Chair @RepDavid's statement ⬇️
I’m saddened to learn of the sudden passing of @RepDonaldPayne. Joyce and I are praying for his family and friends as they mourn his loss. His legacy will forever be remembered. May he rest in peace.
Submissions for the 2024 Congressional Art Competition open in 30 minutes! Artwork must be submitted at the Scottsdale Artists’ School, located at 3720 N Marshall Way, Scottsdale, AZ 85251, between 3 p.m. - 5 p.m. I’m looking forward to the creativity of young artists in #AZ01!
Today, we celebrate the significance of Pesach, or Passover, which commemorates Hebrew liberation from Egypt. Now more than ever, I want to emphasize that our Jewish brothers and sisters always have a seat at the table. Chag Pesach Sameach!
🚨 Alarming stat — 39¢ out of every dollar paid in individual income taxes in the first half of this fiscal year ONLY covered net interest payments. How much longer will we allow our fiscal health to go off the rails?
Today, I was fortunate enough to listen to a remarkable performance by the talented choir at my alma mater @SaguaroSUSD on the U.S. Capitol steps! I am proud to see the arts flourishing in Arizona and couldn't be more proud to represent such a gifted group.
The IMF has warned the U.S. that its massive fiscal deficits have stoked inflation and pose “significant risks” for the global economy. Our debt really does matter, and the consequences of failing to rein in spending will reverberate throughout the world. ft.com/content/0d0980…
Want to understand why the public isn’t so bubbly about the economy? If you live in the Phoenix-Scottsdale area and haven’t received a 23.6% pay increase since President Biden took office, you are poorer today. That's why so many of our folks back home are frustrated.
The results of @CatoInstitute’s 2024 Spending Madness are in, and it shouldn’t come as a surprise that the Inflation Reduction Act was resoundingly crowned this year’s worst federal spending program. 🧵 below on just how dominant the IRA subsidies were. cato.org/2024-spending-…
🚨 Attention #AZ01 residents 🚨 It’s #TaxDay! Be sure to file your 2023 taxes on time TODAY if you haven’t already. For more information on how to file, visit IRS.gov/Filing or call 800-829-1040.
The United States must stand firmly with Israel in the face of this major military escalation by Iran. We have an obligation to defend our greatest ally in the Middle East.
Last year, total debt per household surpassed $250,000 — and it’s only continuing to increase. This level of debt growth is simply unsustainable.
There’s no denying that hardworking Americans are paying more at the grocery store under President Biden just to put food on the table. 🍎 Fruits & Veggies ⬆️ 26.1% 🧁 Baked Goods & Cereal ⬆️ 24.8% 🥩 Meat, Fish, and Eggs ⬆️ 18.5% 🧃 Beverages ⬆️ 18.1% 🧀 Dairy ⬆️ 12.6%
We have the chance to enact meaningful tax reform. The bipartisan tax package revives pro-growth policies and provides relief to families & small businesses. The Senate should seize this moment and act in the best interest of our nation's economic future. bizjournals.com/phoenix/news/2…
Republican Party of A.. @AZGOP
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6K Followers 177 Following Proudly representing CA's 3rd district in the U.S. House. Former state legislator, prosecutor, and teacher. Share your thoughts with me at https://t.co/nyDvXbQpXzAZ State Rep. Justin .. @JustinWilmethAZ
3K Followers 1K Following Baseball lover. Foreign policy enthusiast. Map geek. 2x ASU graduate. Arizona State Rep, LD2. Official account.Total public debt outpaced nominal economic growth by $258 billion in Q1. Over the last year, total public debt outpaced growth by $1.66 TRILLION. That makes four consecutive quarters where increases in debt outpaced growth. We cannot continue down this fiscally reckless path.
Once again, President Biden overpromised & underperformed in setting expectations for economic growth. 1.6% Q1 GDP growth was well below forecasts. American families can't keep up with the rising costs of the admin's failed economic policies. Vice Chair @RepDavid's statement ⬇️
The IMF has warned the U.S. that its massive fiscal deficits have stoked inflation and pose “significant risks” for the global economy. Our debt really does matter, and the consequences of failing to rein in spending will reverberate throughout the world. ft.com/content/0d0980…
Want to understand why the public isn’t so bubbly about the economy? If you live in the Phoenix-Scottsdale area and haven’t received a 23.6% pay increase since President Biden took office, you are poorer today. That's why so many of our folks back home are frustrated.
The results of @CatoInstitute’s 2024 Spending Madness are in, and it shouldn’t come as a surprise that the Inflation Reduction Act was resoundingly crowned this year’s worst federal spending program. 🧵 below on just how dominant the IRA subsidies were. cato.org/2024-spending-…
Last year, total debt per household surpassed $250,000 — and it’s only continuing to increase. This level of debt growth is simply unsustainable.
Cumulative inflation is now up 18.9% since January 2021. Inflation continues to head in the wrong direction, putting a strain on the pocketbooks of hardworking Americans everywhere. The Administration's economic policies are crushing American families.
Debt held by the public as a percentage of GDP is projected to nearly double in 30 years if our fiscal health doesn’t substantially improve. We are rapidly approaching the death spiral.
🚨 "The wheels have come off, and [Congress] isn't willing to actually deal with reality. We can't even do a deficit commission." @RepDavid 👀 We're borrowing $9 BILLION A DAY. Does anyone see a math problem? #DebtCrisis #ampFW
It will be much more.
President Biden’s FY25 budget increases debt held by the public to $45 trillion by 2034 — a 72% increase. That’s just the BASELINE estimate. Let’s be honest, there’s no room for fiscal sanity in the Biden Administration.
President Biden's budget does nothing to solve the deficit spending problem — adding $16.3 trillion in 10 years! Meanwhile, @housebudgetGOP’s FY25 resolution gets us on a path to surpluses — $10.4 trillion LOWER than Biden’s budget without increasing taxes.
Vice Chairman @RepDavid doesn’t mince words when sounding the alarm on our nation’s fiscal trajectory as borrowing eclipses $95,000 per second. “I think we actually talk around each other too often, and we don’t tell each other the truth.”
Today, the Joint Economic Committee will hold a hearing to examine the fiscal situation of the United States. 📺 Tune in at 2:30 p.m. ET: youtube.com/watch?v=16199l…
Under President Biden’s FY25 budget proposal, debt held by the public increases 72% over the next decade to $45 trillion in 2034. One thing is clear from Biden's budget — the era of big government is back, and it’s here to stay.
After the Pentagon failed its sixth audit in a row, a Republican congressman has introduced a bill to have the agency use AI rollingstone.com/politics/polit…
EXCLUSIVE: @JECRepublicans have released a series of statistics claiming to show the cost of Valentines Day gifts since President Biden took office. Some of the stats include: Hotels and Motels - 28.3% Stationary/Gift Wrap - 25.7% Candy (Chocolate) - 22.0% Airline Fare - 21.2%…
🚨 Our debt is increasing by $1 trillion dollars every 136 days. Which means, your family’s share of the debt is increasing by $10,000 every 136 days. “Just tax the rich?” We’d have to tax one million millionaires a million dollars each, every 136 days. Mind boggling.
Our country is in a debt death spiral. It’s time to wake up.
We’re currently borrowing $7.2 billion per day. At this rate, we’ll borrow another $1 TRILLION every 140 days. To my brothers and sisters still in denial — it’s time to wake up and accept the reality of the math.
The level of blind spending taking place by Congress and the Biden Administration is unconscionable and will have longterm repercussions. Congress must stop spending the next generation into the ground.
Our national debt just surpassed $34 trillion. By my calculations, it’s only going to get worse. We’re borrowing over $106,000 per second this fiscal year. At this rate, we’ll end FY24 with our national debt soaring past $36 TRILLION. The financial wheels have fallen off.
A big thank you to @RepDavid for joining our Member Day hearing on Wednesday! Rep. Schweikert, a dedicated servant to restoring America’s fiscal sanity, explained that health care alone account for 75% of borrowing over the next decade, underscoring the need to address costs.