Debate on Bankruptcy Legislation, Senate Floor

Reworking the remarks of Senator M Dayton

• 1059%: Annual interest charged by one, Delaware based credit card company.
• 0%: Amount this bill does to change it.
• 300,000,000: Roughly, the population of America.
• 5,000,000,000: Number of annual credit card solicitations.
• 17%: Percent increase in bankruptcy filings in the eight years since this legislation was introduced.
• 163%: Profit increase of credit card companies in the eight years since this legislation was introduced.

The total amount of credit extended to Americans has increased more than 300% in these eight years.