Despite President Trump’s Promises, Costs Rise While Republicans Move Forward with Plan For Tax Breaks to the Rich

Washington, D.C. — A new Consumer Price Index (CPI) report shows that annual inflation rose to 3% despite President Trump’s promise to bring down inflation on “day one.” Grocery prices in particular have skyrocketed, with the cost of eggs up 15.2% from December to January alone. Instead of lowering costs for families, Trump and Republicans in Congress have spent their time in power working to gut programs that make life more affordable for everyday Americans, including Medicaid, SNAP, and more. This comes as House Republicans released their blueprint for large tax breaks for billionaires and corporations paid for on the backs of working- and middle-class Americans. 

“Today’s CPI report confirms what we already knew – families are still struggling with rising costs and Republicans are failing to deliver on President Trump’s promise to stop inflation,” said Unrig Our Economy spokesperson Kobie Christian. “Rather than help working people at the grocery store, gas station, or pharmacy, Republicans are instead doubling down on their number one priority: Raising the cost of goods and services through tariffs and cuts to health care and food assistance, while simultaneously looking out for their biggest supporters – multi-billionaires.”

To learn more about the campaign, visit UnrigOurEconomy.com or contact [email protected]

###

About Unrig Our Economy

Unrig Our Economy is a national campaign to fix the rules of our economy to make it work for working people. We know that when the middle class does well, all of us do well — which is why we’re fighting on behalf of working Americans and holding corporations, their wealthy executives, and the politicians who enable them accountable.