It's no secret that banks are controlling our nation. Even with the Dood-Frank Wall Street Reform and Consumer Protection Act, there is no relief from high consumer-credit interest rates. While the military continues to suffer from cuts due to the Sequester, my proposal puts more money into military member's pockets without adding to the defense budget. All this while improving the economy with earned-money and not printed money.
Cap interest rates that lenders could charge military members at 6%. The money military members saved could be equivalent to a pay raise or more. All without increasing the defense budget.
The banks got a second chance with OUR money and now it's our turn. We pay our nation's debts everyday and it is time the banks repay us. Without us, there are no banks.