Fourth GOP presidential primary debate: on Welfare & Poverty

Nikki Haley: Younger people can't get mortgages because of Fed actions

Haley: Well, you're exactly right. My daughter just got married and I saw how hard it was for her and her husband to buy a home. Right now, the average homeowner in America is 49 years old. You've got young people everywhere, that used to be the American dream and now it's out of reach, but you look at what happened. Look at what the Fed did. The Fed did a terrible job when they allowed all of that money to go through. You saw the Treasury bond rates go up, that affected mortgage rates, and so now we have a high interest rate. And so, what you have is a lot of younger people who one, can't afford a home, but two, the banks aren't lending them any money. They've made the regulations so hard that they don't want to give loans on mortgages anymore. So, what we have to do is we have to open it up.

Ron DeSantis: Inflation caused by borrowing by both parties

Ron DeSantis: The borrowing, printing and spending of money was both parties in Washington DC. That's just a fact. These Republicans in Washington have spent, it's driven your prices higher, and it's driven your interest rates to the point where [younger Americans] can't afford. I met a young fellow in Iowa, he had graduated college a couple years ago and he's like, "Governor, I don't have a chance. I'm gainfully employed." He's like, "I have no chance to afford a home and start a family," that is taking the American dream away from people. So, we're going to get the inflation down, we're going to get the interest rates down, we are going to reduce spending, and I will be willing to veto and I vetoed a lot as governor of Florida and we'll do that.