Republicans Push Bill to Limit Credit Card Interest to 18%. New Inflation Numbers Released.
This bill sponsored by Senator Josh Hawley (R-Missouri) limits your credit card interest to 18%. Credit card companies are gauging you with interest rates from 22% to almost 30%. Credit card debt is now over a trillion dollars. Inflation is ticking up again.
So much for Bidenomics. The US Inflation Rate is at 3.67%, compared to 3.18% last month.
Call your Member of Congress and Senators to get this bill passed into law. Credit card companies will spend millions trying to stop this.