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Reports & Issue Briefs

The Joint Economic Committee – Minority released a new report on nationwide and state-by-state changes in electricity costs from 2024 to 2025. The updated Committee calculations show that the energy cost crisis facing American families is worse than previously projected, with the average U.S. electric bill increasing by $110, or 6.4 percent, last year.

WASHINGTON – The Joint Economic Committee – Minority today released new data estimating that families could pay more than $2,500 in tariffs costs this year. Following the Supreme Court’s ruling that the bulk of the President’s tariff agenda was illegal, the administration moved immediately to enact new tariffs that Treasury Secretary Bessent claims will result in “virtually unchanged tariff revenue in 2026.” 

Read the full report on the cost of Trump’s tariffs here.

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.”