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I came to Washington to fight for the values that make our country unique – for the economic freedom that gives life to the American Dream.

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National Debt:

On April 08, 2025, the Treasury Department increased its cash on hand by $36.6 billion to $346.6 billion. Over the past 365 days, the total national debt has increased by $1.61 trillion. Debt held by the public has increased by $1.38 trillion over the same period (April 08 2024 – April 08 2025), while intragovernmental debt has grown by $229.2 billion.

During a debt issuance suspension period Treasury does not sell additional debt, so the total federal debt does not increase. Treasury can borrow from certain intragovernmental funds to free up fiscal head space. At the end of the debt issuance suspension period, Treasury will borrow from the public to repay the internal funds. According to Treasury’s last public release, they have $153 billion in extraordinary measures remaining and have used $218 billion.

Recent News

June 18, 2026

WASHINGTON — U.S. Rep. David Schweikert, R-Ariz., joined Arizona’s bipartisan congressional delegation in submitting 250 copper pennies for inclusion in…

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@RepDavid

I was honored to welcome Braydon Chen of Phoenix Country Day School to my office today to congratulate him on winning this year’s Congressional Art Competition.

His piece, “On the Eve of Creation,” will now be displayed in the U.S. Capitol. Congrats, Braydon!

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