(Reuters) – Upcoming regulations will remove medical debt from the credit reports of tens of millions of Americans, U.S. Vice President Kamala Harris said on Tuesday.
The proposed regulations come as Joe BidenThe administration is working to tout its economic policies ahead of the November election. Economic stimulus funds are also currently being used to eliminate $7 billion in medical debt held by nearly 3 million Americans, according to the vice president’s office.
“Medical debt makes it harder for millions of Americans to get an auto loan, home loan or small business loan, which in turn makes it harder to get by.” , Harris told reporters.
(Reporting by Douglas Gillison)
