Corporate donors to President Trump’s $400 million White House ballroom project have received more than $50 billion in new or expanded government contracts in the six months since demolition of the East Wing began, per Public Citizen.
BREAKING: April PCE inflation, the Fed's preferred inflation measure, rises to 3.8%, the highest since May 2023.
Core PCE inflation rises to 3.3%, the highest since October 2023.
The Fed's top inflation metric is nearly double their target.
Inflation is back in full-swing.
BREAKING: Reporter: “To what extent are Americans’ financial situations motivating you to make a deal? [with Iran]”
Trump: “Not even a little bit…. I don't think about Americans’ financial situation”
While April CPI inflation rose to 3.8%, inflation is much higher in many basic necessities:
1. Energy Commodity Inflation: +29.2%
2. Gasoline Inflation: +28.4%
3. Airfare Inflation: +20.7%
4. Energy Inflation: +17.9%
5. Electricity Inflation: +6.1%
6. Fruits and Vegetables Inflation: +6.1%
7. Hospital Services Inflation: +5.5%
8. Motor Vehicle Repair Inflation: +5.1%
9. Apparel Inflation: +4.2%
This has driven cumulative inflation since 2020 to +29%, meaning goods that cost $100 in 2020 now cost $129 today.
Inflation remains a major issue for Americans.
PRICE TAG FLIP: Trump's ballroom was touted as 'completely privately funded' — now Republicans are slipping $1 billion in taxpayer money into an ICE funding bill to pay for it https://t.co/kxC4vHZHSS
I’m going to be honest, the last 4 times I’ve filled up my gas tank, I thought about many things. None of those things were sharing a bathroom with a trans person, a mom buying soda with her SNAP or whether the guy in front of me in line was documented.
The reason millennials are so nostalgic is that they got a brief taste of a world that wasn’t entirely controlled by the stupidest people who’ve ever lived.