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The US Government borrowed $3 TRILLION in the past 365 days.
This borrowing is taking place when interest rates are high. Which means $1.2 trillion is being spent on interest alone. Not educating kids. Not helping correct injustice. Nope.
Congressman David Schweikert (R-AZ) joins the Equal Matters podcast to dig deeper into how this happens and why. The Arizona Republican will also explain why it is so difficult to slow the spending down. Because it's all about the money.
Lobbying money.
Political money.
Everyone but you.
The Congressman remains optimistic and presents solutions: use tech like A.I. and reform healthcare and immigration. Join in for more details about what is happening behind the scenes in Washington. D.C.
And how the spend and borrow your money.
Equal Matters is designed to give you deeper insights than most media outlets. Subscribe and share.
Additional resources:
Here's Congressman Schweikert's YouTube page.
https://www.youtube.com/repdavidschweikert
You'll find the floor speeches he gives.
Schweikert also mentioned Brian Reidl of the Manhattan Institute. The article he referred to that the rich aren't rich enough to pay for government:
https://manhattan.institute/article/the-rich-arent-rich-enough-to-balance-the-federal-budget
