Does sound like a Republican mother. Oh, it did. It did. It sounded very Republican. And I sat in those courtrooms, I read those files, and I realized this family's just like mine. Those families had had one of three things happen to them, and most had had two out of three. They had had terrible medical problems, they had a significant long job loss, or they had a death or divorce in the family. And that explained more than 90% of the bankruptcies. And like I said, many had had to. How long people had struggled to try to stay out of bankruptcy court, how they had borrowed from Peter to pay Paul, … (37:34–37:55)
CLAIM
Asserts that over 90% of bankruptcies were due to medical issues, job loss, or family death/divorce.
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.