Leader Schumer Floor Remarks On President Trump’s Failure To Lower Costs For The American People As Inflation Hits 4.2%

Washington, D.C. – Today, Senate Democratic Leader Chuck Schumer (D-NY) spoke on the Senate floor on Trump’s failure to lower costs for the American people after inflation hit 4.2% and slammed Senate Republicans for continuing to fight for Trump and his corruption instead of working families. Below are Senator Schumer’s remarks, which can also be viewed here:

This morning’s inflation numbers reaffirm what the American people already know: Trumpflation is getting worse and worse with no end in sight.

Trumpflation hit 4.2% last month – a three-year high. Another month of Trump’s illegal Iran war, another month of Trump’s tariffs, another month of Republican control of Congress, and what does America get: a new all-time high for Trumpflation.

Just about everything in America is getting more expensive.

In the past year, the price of fresh produce has gone up 6%, meat 7.6%, electricity 6%, airfare 26.7%, and gasoline by a staggering 40.5%.

Is it any wonder that polling this week found that 70% – 70% – of American voters disapprove of Trump’s handling of the cost of living? That number includes a whole lot of Republicans.

Donald Trump promised to lower costs on day one, but nearly 17 months since taking office, he and his MAGA majorities in Congress haven’t lifted a finger to lower Americans’ costs.

But let’s be clear, Republicans aren’t just failing to address the affordability crisis, they’re making it worse, actively making it worse.

Republicans are driving up costs with their expensive tariff tax, with their disastrous war with Iran that’s leading to record-breaking gas prices, with their trillion-dollar cut to health care, and with the rest of their radical, hard-right agenda that so misserves the American people.

Trump’s tariffs have cost American families more than $1,700 a year on average.

American families have had to pay an additional $750 on average during these past few months just to meet the skyrocketing costs of gasoline because of the Iran war.

And instead of focusing on helping Americans weather this dire financial moment, Republicans are helping Donald Trump get even richer. As Americans’ costs go up, Donald Trump keeps putting his hand into the till to make money for himself and his family.

Republicans are more concerned with Trump’s golden ballroom than with helping America afford housing.

Republicans would rather give taxpayer-funded payouts to Trump and his cronies through his MAGA slush fund than help Americans put food on the table.

Republicans continue to fight for Trump and his corruption rather than for lower costs for working families.

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