Follow for analysis and news from the Joint Economic Committee Democrats and Ranking Member @SenatorHassan. Reach us at minority_jecpress@jec.senate.gov
Washington, D.C.
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Joint Economic Committee Democrats retweeted
President Trump’s tariffs have been a disaster for American families. While I’m thankful that the Supreme Court has overturned many of these illegal tariffs, this ruling cannot undo the damage they’ve already caused.
Despite today’s Supreme Court ruling, Americans have already paid $1,700 each in tariff costs since Trump took office. jec.senate.gov/public/_cache…
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Despite today’s Supreme Court ruling, Americans have already paid $1,700 each in tariff costs since Trump took office. jec.senate.gov/public/_cache…
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President Trump has imposed reckless tariffs, driven up health care costs, and created economic uncertainty that all raise prices for families. And now Americans are paying over $1,600 more than before he came into office.
Read our full report here: jec.senate.gov/public/_cache…
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Joint Economic Committee Democrats retweeted
BESSENT: Affordability is worse in blue states
SORKIN: The Joint Economic Committee says the highest inflation over the past 4 years has been in red states, especially Florida
BESSENT: I'm talking about current
SORKIN: Not over the past 4 years?
BESSENT: Today
SORKIN: Ok. I would say the 4 years would be a reasonable trend line to look at
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Joint Economic Committee Democrats retweeted
It’s not just you – inflation has gotten worse under President Trump. My new report shows that an American family has already paid an average of $700 in higher costs since Trump took office.
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Joint Economic Committee Democrats retweeted
Trump said he'd “bring the cost of everything way down" on day one.
Well, it's been nearly a year—and Illinois families are spending $766 more on basic necessities due to inflation.
This might be pennies to his billionaire buddies. But it's a gut punch for the middle class.
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Joint Economic Committee Democrats retweeted
🚨The new @JECDems report shows the average California family paid $1,112 more for the same products due to inflation in Trump’s first 8 months.
Trump’s disastrous policies and trade war are hurting Americans’ pocketbooks in every single state.
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This week, President Trump and his cabinet are claiming that costs are down. The reality is that as Trump has pushed ahead with reckless tariffs, families across the country are being forced to spend more.
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Read our full report with the cost of inflation in each state here: jec.senate.gov/public/_cache…
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Joint Economic Committee Democrats retweeted
New @JECDems report shows that this year Americans paid $100 more on electricity on average.
While families grapple with higher costs, Donald Trump is giving away hundreds of millions of taxpayer dollars to bolster pricey and deadly fossil fuels.
jec.senate.gov/public/_cache…
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Joint Economic Committee Democrats retweeted
With all data in, BLS now reports the U.S. economy *lost* 13,000 jobs in the month of June as Trump’s tariffs took effect.
U.S. job growth since Trump announced tariffs has been extremely weak—
May: 19K
June: -13K
July: 79K
August: 22K
The monthly average in 2024 was 186,000.
The job market continues to slow, and it's worrying. We're (just) keeping our head above water (for now).
Jobs grew only +22k. July revised up +6k to +79k. June was revised down by -27k to -13k. Average jobs growth over the three months = +29k.
Unemployment up a tick to 4.3%.
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Cost of popular domestic beers up 13%
Beef & ice cream prices at highest since the 1980s
Our NEW report 👇
Fourth of July barbeque prices have risen since Trump imposed tariffs, congressional analysis says cnbc.com/2025/07/03/fourth-o…
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NEW: Parents are paying 24% more for five common baby items since President Trump imposed his tariffs. Read more from @glamourmag
glamour.com/story/the-trump-…
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Joint Economic Committee Democrats retweeted
NEW: Democrats to release report touting clean energy tax credits House is seeking to roll back
The @JECDems report obtained 1st by @NBCNews details the energy investments as “vital to the future of the U.S. economy” — as some Republicans push back, too: nbcnews.com/politics/trump-a…
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PRICE HIKES and LAYOFFS: Our new report during National Small Business Week dives into the impacts that tariffs have already had on small businesses across the country. #SmallBusinessWeek
Read more here ⬇️
cbsnews.com/amp/news/tariff-…
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Joint Economic Committee Democrats retweeted
NH has long fought the devastating impacts of the fentanyl crisis, including through medication-assisted treatment, the gold standard for treating opioid addiction.
We cannot allow the Trump Administration to gut Medicaid and take away access to MAT.
unionleader.com/news/politic…
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Joint Economic Committee Democrats retweeted
I look forward to serving as the Ranking Member of the Joint Economic Committee for the 119th Congress.
Through this committee, we can build support for commonsense ways to lower costs.
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Joint Economic Committee Democrats retweeted
Tariffs are not the right tool to grow the U.S. economy.
LIVE NOW: Trump’s tariffs could cost Americans an extra $3,900 per YEAR.
His disastrous tariff proposals would raise prices and shrink the U.S. economy.
Watch our hearing live on the case against Trump’s tariffs: nitter.net/i/broadcasts/1ynJODppq…
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