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The vast majority of both Republican and Democratic primary voters support Rep. Alexandria Ocasio-Cortez and Sen. Bernie Sanders’ plan to cap credit card interest rates.
Nearly 70% of Republican primary voters and 73% of Democratic primary voters said they either support or strongly support the proposal, according to a new INSIDER poll.
Overall, about 68% of respondents said they either support or strongly support the plan and 10% oppose the rate-capping component of the Loan Shark Prevention Act.
The two progressive lawmakers rolled out their legislation last week. The bill would set credit card interest rates at 15%, about 6% lower than the current median interest rate.
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The vast majority of both Republicans and Democrats who said they plan to vote in the 2020 presidential primary support legislation rolled out by Rep. Alexandria Ocasio-Cortez and Sen. Bernie Sanders last week that would cap credit card interest rates at 15% .

Nearly 70% of Republican primary voters and 73% of Democratic primary voters said they either support or strongly support the proposal to cap rates at 15%, according to a new INSIDER poll. Just over 60% of respondents who don’t plan to vote …read more


Source:: Businessinsider – Politics

      

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