David Schweikert: U.S. borrows $93,000 each second as bond market eyes fiscal discipline

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U.S. borrowing reaches $93,000 per second

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Artem Shendetskii

21.07.2026

David Schweikert: U.S. borrows $93,000 each second as bond market eyes fiscal discipline — U.S. borrowing reaches $93,000 per second

David Schweikert draws attention to the scale of U.S. government borrowing, stating that the country is borrowing $93,000 every second.

He emphasizes the importance of fiscal responsibility, highlighting the need for the next reconciliation bill to demonstrate to markets that Congress remains mindful of financial calculations and budget management.

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Schweikert has previously raised concerns about government-related spending. In earlier comments, he highlighted ACA broker spending rising from $1.9 billion in 2020 to a projected $5.5 billion in 2025. He has questioned the implications for taxpayers in the context of these increases.

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