By East Arizona News |
Dec 7, 2023
U.S. Representative David Schweikert (AZ-01) delivered a speech on the House Floor today, highlighting the concerning state of the country's finances. He emphasized that gross interest will exceed $1 trillion this fiscal year, making it the second largest expense in the government. Schweikert also drew attention to the fact that the Social Security trust fund is projected to run out of money in nine years, leading to a 25% cut in retirement benefits and potentially doubling senior poverty.Schweikert addressed the issue of the Social Security trust fund running out,...