Sanders And Ocasio-Cortez Pitch Credit Debt Relief

Credit: Wochit News
Published on May 9, 2019 - Duration: 00:45s

Sanders And Ocasio-Cortez Pitch Credit Debt Relief

On Thursday both Bernie Sanders and Rep.

Alexandria Ocasio-Cortez revelead ambitious new legislatio that would impose a federal cap of 15% on credit card interest rates.

Business Insider reports the bill would also allow states to impose interest rates lower than 15%.

It's a bold plan at a time of record-high levels of credit card debt and interest rates.

During an interview with the Washington Post Sanders shares, "I am sure it will be criticized.

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