 “Inflation hit 7-month high of 3% in January” [1] During his campaign, Donald Trump promised to bring down costs on “day one” of his presidency. But his promises don’t match reality. Costs just continue to climb, and consumer prices are now significantly higher than they were a year ago. Beef prices have climbed 5%. Bacon costs have jumped 6%. And the price of eggs has skyrocketed 53% compared to last year. As soon as Donald Trump stepped into the White House, the cost of gas, groceries, and so much more dramatically increased, forcing millions of families to dig deeper into their pockets to pay for everyday essentials.
Despite their repeated promises, Republicans have done absolutely nothing to lower the cost of living since taking power in Washington. Instead, they just released a plan to cut $880 billion from Medicaid and $220 billion in nutrition assistance like SNAP — all while giving $4.5 trillion in tax cuts to big corporations and the ultra-wealthy! Republicans have made their intentions clear: They’ll gladly make everything more expensive for regular families in exchange for yet another billionaire tax cut. Brittany knows that raising the cost of health care for millions of low-income Americans isn’t going to lower inflation. And cutting SNAP benefits makes it even harder for regular families to afford a carton of eggs. That’s why she’s committed to protecting these programs and ensuring Coloradans have the support they need to thrive.
Thank you, Team Pettersen [1] USA Today. Inflation hit 7-month high of 3% in January. Here's what it means for Fed rate cuts. February 12, 2025. |
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