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David McCormick: “Interest rates are way up.”

Featuring: David McCormick, Republican | U.S. Senate, Pennsylvania

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Dave on the Bottom Line 5.29.24

Published | Video Starts at 01:05

And for them, prices have gone up more than 20% for food, fuel and rent. And they're getting squeezed and they feel it, and they're challenged. Interest rates are way up. It's a huge economic problem for the majority of Pennsylvanians. And housing prices have gone through the roof. Housing, new purchases are way down at the lower end. (01:05–01:07)

CLAIM

Asserts that interest rates have significantly increased.

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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About PolitiQuote

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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