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Buddy Carter: “One out of four Americans has not paying their credit cards…”

Featuring: Buddy Carter, Republican | U.S. House, Georgia's 1st District

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'American prosperity is back': GOP lawmaker praises tax cuts

Published | Video Starts at 01:50

Especially after the last four years of the Biden Harris administration that has drained people. And you know, they're suffering now. They're suffering from high interest rates, credit card debt. One out of four Americans has not paying their credit cards off right now because the interest rates are so high. That's something that we've got to address. The President's trying to address it. I've got legislation actually that will give him the authority to fire the Fed chief and he should have that authority. (01:50–01:57)

CLAIM

Asserts that 25% of Americans are not paying off credit cards due to high interest rates.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


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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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