1

It was in the 12th episode of the 3rd season of Breaking Bad. Here is the context:

Hank: How is your old man?

Back teaching?

Walt Jr: No. l don't think either of them are working right now.

Hank: How they swinging that?

Walt Jr: I don't know.

2

It means "How are they managing to do that?"

American Heritage Dictionary "swing" 7a
7. Informal a. To manage or arrange successfully: swing a deal.

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