KERRY CLAIM: Families are finding it harder to make ends meet because they are struggling to keep up with mounting debt.
TRUTH: Low interest rates are allowing Americans to purchase a home, invest in education, and buy their first car. Federal Reserve Chairman Alan Greenspan this week pointed out that the increase in household debt reflects the increase in homeownership. (Remarks by Alan Greenspan, U.S. Senate Committee On Banking, Housing And Urban Affairs, 6/15/04)