Summary
In his first year back in office, President Donald Trump introduced measures like tariffs, tax cuts for the wealthy, and cuts to essential programs, leading to increased costs for American families. As a result, household debt rose significantly, job creation slowed, and many faced financial struggles. Democrats propose alternatives to ease the cost-of-living crisis.
Key Facts
- President Trump introduced tariffs and tax cuts for billionaires.
- Cuts were made to programs like health care and food assistance.
- An average family spent $1,200 more since Trump took office.
- Household debt increased by half a trillion dollars in 2025.
- Job creation dropped to less than a third of the previous year's rate.
- Wage growth slowed, and layoffs went up to their highest since the pandemic.
- Democrats proposed measures to reduce costs for child care and health care.
