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Bill Foster: “U.S. households had $12.68 trillion in debt in 2008.”

Featuring: Bill Foster, Democratic | U.S. House Illinois, 11th Congressional District

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Published | Video Starts at 02:23

Okay, maybe you think it's all fine now, but do you know how much debt the US households have to how much debt they had prior to the peak of the 2008 financial crisis? Not at the top of my head, no. No. $12.68 … U.S. households had $12.68 trillion in debt in 2008. … mention that the mess that you and the President have gotten us into with tariffs and the conflict in Iran, both of which are increasing cost and economic stress on Americans, your administration has presented no intelligible strategy to end either one of these. (02:23)

CLAIM

Asserts the amount of debt U.S. households had in 2008.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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