Democratic leaders intensified their criticism of President Donald Trump’s economic agenda on 15 July, arguing that the administration’s 145% tariff on Chinese imports and recently enacted fiscal measures are driving up living costs for U.S. households. In separate statements, Speaker Nancy Pelosi, Sen. Elizabeth Warren and Representatives Marcy Kaptur, Judy Chu and Lois Frankel said grocery, housing, energy and health-care expenses have risen since the tariff came into force on 9 April. They contend the president’s signature tax-and-spending package, which they dubbed the “Big Bonanza Bill for Billionaires” or “Big Ugly Bill,” will further inflate prices while cutting programs such as healthcare and nutrition assistance. The lawmakers pledged to push alternative legislation aimed at lowering costs, framing the issue as a core point of contrast with the White House ahead of upcoming budget negotiations.
Trump promised to lower costs, but his first 6 months have done the opposite. Trump’s Tariffs are raising prices, hurting workers and businesses. And Republicans’ Big Ugly Law will drive up health care, grocery, and energy costs even more. Americans deserve better. https://t.co/FftGI53aih
The Trump Tariffs are forcing grocery and energy prices to rise across the country. Coupled with the White House’s reckless fiscal policy, Americans are going to suffer even more when cuts to Healthcare and SNAP benefits go into effect. https://t.co/1CVZwo2dHm
Trump's chaotic tariffs are fueling inflation and increasing the cost of living for the average American family. And his Big Ugly Bill is about to raise costs for health care, utilities, and food. That is exactly what we are witnessing now. And it will only get worse. https://t.co/DnQrTLuxrs