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The Joint Economic Committee – Minority today released a new report finding that a typical American family paid $310 more for groceries during President Trump’s first year in office compared to 2024. These price increases contradict Trump’s statement this week that “grocery prices are starting to go rapidly down,” and his pledge on the campaign trail that “a vote for Trump means your groceries will be cheaper.”
The Joint Economic Committee – Minority released a new report demonstrating the harmful effects of President Trump’s tariffs and the ensuing economic uncertainty on middle class jobs in particular. The report outlines the hollowing out of middle class jobs, decline in overall job growth, and spike in continued unemployment claims following Trump’s reciprocal tariff announcements.