Obama Signs Credit Card Bill

WASHINGTON (AP) - While signing a bill he says will force credit
card issuers to be transparent and fair, President Barack Obama
says he's not giving a free pass to people who thoughtlessly rack
up debt.

Obama says some people get in trouble through reckless spending
or wishful thinking while others get in over their heads by not
using their heads.

But the president says there are also those forced by tough
economic times to use their cards. He says the way card issuers
have been operating, it was nearly impossible for those people to
get out of debt.

Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus
KOLO-TV 4850 Ampere Drive Reno, NV 89502
Copyright © 2002-2015 - Designed by Gray Digital Media - Powered by Clickability 45901187 - kolotv.com/a?a=45901187
Gray Television, Inc.