The interest payment on the national debt is now larger than the entire Department of Defense budget. There's a first. The average credit card holder for America has almost quadrupled. It just surpassed $1 trillion in credit card debt across America. There's a first. Never been done. Thank you Biden. Thank you Harris. Thank you Slotkin. Thank you democrats in Washington D.C. for being a coastal party and forgetting about people who work for a living. (01:30–01:37)
CLAIM
Asserts that U.S. credit card debt has surpassed $1 trillion.
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.