Trump's own top economic advisor, Kevin Hassett, recently bragged that, quote, credit card spending is through the roof. He's right. Over 100 million Americans have credit card debt now, many of them putting groceries and gas on their credit cards just to be able to make it to the end of the month. And delinquencies are at the highest since the crash of 2008. So let's talk about affordability. In January, President Trump promised to cap credit card interest rates. (01:11–01:21)
CLAIM
Asserts that over 100 million Americans currently have credit card debt.
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.