President Trump’s tariffs have been a disaster for American families. While I’m thankful that the Supreme Court has overturned many of these illegal tariffs, this ruling cannot undo the damage they’ve already caused.
President Trump has imposed reckless tariffs, driven up health care costs, and created economic uncertainty that all raise prices for families. And now Americans are paying over $1,600 more than before he came into office.
Read our full report here: https://t.co/M6nMrYPM9L
BESSENT: Affordability is worse in blue states
SORKIN: The Joint Economic Committee says the highest inflation over the past 4 years has been in red states, especially Florida
BESSENT: I'm talking about current
SORKIN: Not over the past 4 years?
BESSENT: Today
SORKIN: Ok. I would say the 4 years would be a reasonable trend line to look at
It’s not just you – inflation has gotten worse under President Trump. My new report shows that an American family has already paid an average of $700 in higher costs since Trump took office.
Trump said he'd “bring the cost of everything way down" on day one.
Well, it's been nearly a year—and Illinois families are spending $766 more on basic necessities due to inflation.
This might be pennies to his billionaire buddies. But it's a gut punch for the middle class.
🚨The new @JECDems report shows the average California family paid $1,112 more for the same products due to inflation in Trump’s first 8 months.
Trump’s disastrous policies and trade war are hurting Americans’ pocketbooks in every single state.
This week, President Trump and his cabinet are claiming that costs are down. The reality is that as Trump has pushed ahead with reckless tariffs, families across the country are being forced to spend more.
Trump: Our energy costs are way down. Our groceries are way down. Everything is way down. And the press does not report it… Thanksgiving meals 25% down. So I don't want to hear about the affordability.
New @JECDems report shows that this year Americans paid $100 more on electricity on average.
While families grapple with higher costs, Donald Trump is giving away hundreds of millions of taxpayer dollars to bolster pricey and deadly fossil fuels.
https://t.co/fLlaRmaCQx
With all data in, BLS now reports the U.S. economy *lost* 13,000 jobs in the month of June as Trump’s tariffs took effect.
U.S. job growth since Trump announced tariffs has been extremely weak—
May: 19K
June: -13K
July: 79K
August: 22K
The monthly average in 2024 was 186,000.
NEW: Parents are paying 24% more for five common baby items since President Trump imposed his tariffs. Read more from @glamourmag
https://t.co/JjuRvuQ0JZ
NEW: Democrats to release report touting clean energy tax credits House is seeking to roll back
The @JECDems report obtained 1st by @NBCNews details the energy investments as “vital to the future of the U.S. economy” — as some Republicans push back, too: https://t.co/y6auPkkx0u
PRICE HIKES and LAYOFFS: Our new report during National Small Business Week dives into the impacts that tariffs have already had on small businesses across the country. #SmallBusinessWeek
Read more here ⬇️
https://t.co/CHo4fjZak3
NH has long fought the devastating impacts of the fentanyl crisis, including through medication-assisted treatment, the gold standard for treating opioid addiction.
We cannot allow the Trump Administration to gut Medicaid and take away access to MAT.
https://t.co/e6KWVn8sBb
I look forward to serving as the Ranking Member of the Joint Economic Committee for the 119th Congress.
Through this committee, we can build support for commonsense ways to lower costs.