My condolences go out to the Kyl family today. Senator Jon Kyl will be remembered as a true statesman who always did right by Arizona and America. I was honored to have had the opportunity to serve with him.
The rate on the 10-year Treasury note has reached 5% twice since 2007: briefly in October 2023 and today.
Today's number should scare Congress. In 2007, debt-to-GDP was 62% and the deficit was 1.1%. Now, debt-to-GDP is 123% and the deficit is above 6%.
ft.com/content/06cb850d-089a…
Today, we remember the 2,977 Americans who lost their lives on September 11, 2001, changing our lives forever.
May we never forget the heroes of 9/11 and the brave sacrifices made by so many to protect their fellow citizens.
We went from around 20 copper smelters in the U.S. to two, while China came to dominate much of the critical-mineral processing.
Bringing that processing capacity back means using new extraction and refining technology to leapfrog the old methods and build the next generation of processing here.
Debt models start crashing when federal debt reaches around 154% of the size of the economy. At current interest rates, we’re headed above 160% in the next decade.
The models put us in the danger zone around 2035. A recession, war or one bad shock can push our borrowing costs higher when we have less room to absorb it and are already borrowing just to pay the interest.
We can change the math now, or eventually the bond market will do it for us.
My prayers are with the families of those who lost their lives and the crews continuing the search and recovery effort.
Please stay clear of the closed areas and follow @GrandCanyonNPS for the latest updates.
Search and recovery efforts continue following the flooding in Grand Canyon National Park. Two bodies have been recovered. Preliminary assessments indicate approximately 40% of the Transcanyon Waterline was damaged or destroyed. Forecasted weather may affect the timing and pace of operations.
Visitors are asked to remain out of the closure area while search and recovery operations continue. Phantom Ranch, Bright Angel Campground, the Phantom Ranch Canteen and cabins, and the entire North Kaibab Trail from the North Kaibab Trailhead to Phantom Ranch remain closed until further notice.
For current conditions and updates, visit: nps.gov/grca/planyourvisit/c…
Rep. David Schweikert retweeted
ICYMI: JEC Chairman @RepDavid joined @cherylcasone on @MorningsMaria to discuss the national debt as it tops $40 trillion, rising costs to federal commitments, and how demographics impact spending and debt.foxbusiness.com/video/640395…
Congratulations on a remarkable career, John. Always enjoyed our conversations over the years.
Rep. David Schweikert retweeted
“Our nation faces a dangerous fiscal trajectory that threatens the promise of a better tomorrow for future generations, as well as current retirees. We are rapidly approaching the point where interest payments on the national debt will consume most of the federal spending. Our debt is quickly switching from sustainable, business as-usual, to an unsustainable, market-unraveling nightmare. At this rate, it won’t be long before we face catastrophic consequences. Congress must take the math seriously and act now by charting a new economically responsible path to secure our nation’s future for generations to come. To do nothing or keep on this path is flat out immoral,” said JEC Chairman @RepDavid tinyurl.com/4s4ah63t
Thank you to the Dexcom team for the tour of their Mesa manufacturing facility last week. Great to see the technology that helps people manage diabetes being built in Arizona.
Rep. David Schweikert retweeted
Chairman @RepDavid led a roundtable with @HooverInst to examine how regulatory sandbox pilot programs can reduce barriers to innovation, facilitate responsible experimentation & inform more effective regulatory policy. “We are approaching a fundamental choice: cut or innovate. Too often, cutting or capping what already exists is easier than pursuing disruptive technologies that can lower costs, improve outcomes, and challenge entrenched business models.” Thanks to the Hoover Institution at Stanford University for hosting JEC.
@StanfordDeptMed @SUBiodesign @BusinessUtah @EconPatrick @StanfordEng @RachelSlaybaugh
Honored to receive the @NRFnews 2026 Hero of Main Street Award. I will always fight for the small businesses and retailers that keep our Main Streets strong.
Rep. David Schweikert retweeted
Total trade deficit in June was $73.26B, down $4.39B from May & 18% above the 12-month average. Trade of goods: deficit of $102.11B, down $3.86B from May & 13% above the 12-month average. Trade of services: surplus of $28.85B, up $527M from May & 3% above the 12-month average. jec.senate.gov/public/index.…
Congressman Mitchell and I ran against each other in two very hard-fought elections.
Harry was always civil and decent in a profession that is often anything but. He was a good man who left a lasting legacy on our state.
I want to send my condolences to his children Mark and Amy, and his grandchildren.
Congratulations to Father Tegin Joy Alvarez, who was recently sworn in as a U.S. citizen and proudly serves our country in the military.