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Greg Abbott: “Interest is going up by 100% a year, 200% a year.”

Featuring: Greg Abbott, Republican | Governor of Texas

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Gov. Greg Abbott Holds Get Out The Vote Event In Atkins, Texas Ahead Of Next Week's Primaries

Published | Video Starts at 26:10

And that's the startling sky high cost of insurance in the state of Texas. You know, people talk about inflation going up like 2, 3 or 4% a year. Interest is going up by 100% a year, 200% a year. It has to come to an end. And I'd like I did, by the way, said I want to work with Georgia Marcus on this next session where we slash your insurance cost in the state of Texas. (26:10–26:15)

CLAIM

Asserts that interest rates in Texas are increasing by 100% to 200% annually.

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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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