Steve Scalise: “Interest rates are lower than where they were.”

“Gas prices are down from where they were two years ago, not where we want them to be, but lower than where they were. Interest rates are lower than where they were. You know what's up right now? Wages are actually higher than where they were two years ago. The deficit is down because we cut $1.6 trillion in wasteful spending.” (12:14–12:17)

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.