Latest news with #CostCoalition
Fox News
06-08-2025
- Business
- Fox News
Trump breaks 'Day One' promise to lower costs as prices surge across America in first six months
The defining promise of Donald Trump's 2024 campaign was lower costs on "Day One." He broke it. The first six months of this administration have been marked by ever-higher prices. Republicans in Congress would be wise to remember that voters are never quicker to fire elected officials than when they break a core promise. It is this Congress who will be on the ballot next year, not Donald Trump. The campaign trail promises sounded too good to be true, because they were. Trump committed to "end" inflation, cut energy costs "in half," make health care more affordable, and that Americans would see "drastic price reductions" and cheaper groceries. For most swing voters, lower costs were the whole point of voting for those now in power. They were counting on policies that would improve their lives, not make them harder. As polls show, the anger runs deep for a president and Congress who are gutting the social safety net, dolling out special favors to their wealthy friends and personally profiting from high office. Working Americans are speaking out against the policies that are making life more expensive. And candidates running in 2025 and 2026 have a duty to listen. We help lead the bipartisan Cost Coalition, which exists to show how Washington's economic agenda is making the American Dream unaffordable. The most credible voices in this fight aren't in Washington; they're our neighbors who are paying more and getting less. America's working families, veterans, small businesses and people of faith, are rising up to tell the real story. Take Trump's signature Washington policy solution, the "big, beautiful bill," which raises costs. Its inflationary tax breaks for the wealthy mean gutting the safety net and kicking 10 million Medicaid beneficiaries off of their health insurance. When Allison Harris' daughter was diagnosed with cancer, steep medical bills would have bankrupted their family even with private insurance coverage. Michigan's Medicaid program helped cover the costs. She told their local news station that when the "big, beautiful bill" was signed, she felt "fear and disgust. Because you never know until something like this cancer journey happens, exactly how much stuff costs." Her daughter, Kendall Williams, added, "I feel like the fact that they even signed it into law just shows how some adults don't have common sense." Common sense is hard to find in Washington, especially when it comes to the economic whiplash from blanket tariffs that are fueling a new wave of inflation. The price of ground beef is at a record high and more Americans are using Buy Now, Pay Later to afford groceries. Large retailers like Wal-Mart and Amazon have already raised prices. And now Proctor and Gamble says tariffs will increase prices on common household products from Tide detergent to Luv's diapers. "It's hard enough to buy the things my family needs. Raising that cost is going to make it harder," Ohian Charlene Monoskie said to her local news. It's not just families. Hard choices are facing small business owners – eat the tariffs or raise prices on their customers. After decades teaching in Pennsylvania schools, Jamie Pikulsky opened the From Scratch Uniontown cafe, where she tries to keep her prices affordable to compete with larger chains. But tariffs mean she's paying $600 more a month for the coffee she serves her customers. She says: "I don't know of any small business right now that is thriving. It's tough across the board." Instead of ending inflation "immediately," like Trump promised the country at the Republican National Convention last summer, his policies have made inflation worse. And more pain could be on the way with the latest round of tariffs, after failed negotiations didn't yield 90 deals in 90 days. Both parties should fight against the Washington agenda that is raising costs. More elected Republicans need to think for themselves. Sen. Thom Tillis, R-N.C., had the guts to choose the people of North Carolina over the "big, beautiful bill." Tillis spoke out on the Senate floor, asking his colleagues, "What do I tell 663,000 people in two years or three years when President Trump breaks his promise by pushing them off of Medicaid because the funding is not there?" Tillis knew that kicking people out of their health insurance shifts costs onto all of us. And Democrats must show they are listening to working people by focusing relentlessly on lowering costs and growing the economy. Former North Carolina Gov. Roy Cooper, who is running to succeed Tillis, is showing the way by calling out "politicians in D.C. [who] are running up our debt, ripping away our healthcare, disrespecting our veterans, cutting help for the poor, and even putting Medicare and Social Security at risk, just to give tax breaks to billionaires." So is Sen. Elissa Slotkin of Michigan, who says: "The cost of living in the economy is the driving issue for the average person. It's just not always driving the conversation among political elites." That's the disconnect. Whatever the billionaire in the White House may think, the American people are not stupid. They know they are paying more and getting less. They are saying it today and they will say it again next year, when they will again cast ballots for who leads the next Congress.
The Star
06-05-2025
- Business
- The Star
Trump critics launch new group to highlight rising costs
NEW YORK, May 6 (Xinhua) -- A bipartisan group of President Donald Trump's critics is launching a new organization, dubbed the Cost Coalition, to highlight Trump's struggle to control rising costs in the early months of his new presidency, reported The Associated Press (AP) on Tuesday. "In 100 days, Donald Trump put the best-performing economy in the world on a crash course toward recession. Trump's tariffs -- the biggest middle class tax hike in modern history -- are making everyday prices skyrocket and wreaking havoc for businesses large and small," said a statement issue by the coalition. "Next up are grossly inflationary tax cuts for the wealthy that will only saddle future generations with staggering debt. Whether you're a Republican, Democrat, or anything else, Donald Trump's agenda is an economic crisis threatening your livelihood and standard of living," it added. The Cost Coalition will push its message through a combination of paid advertising, social media, press interviews and on-the-ground events with small business leaders, veterans and the faith community, according to the report. "The new group enters a political landscape already packed with powerful voices fighting to shape the national conversation little more than 100 days after Trump began his second term," noted AP. "The Republican president vowed to 'end inflation' on Day 1, but he has focused more on immigration, culture wars and exacting revenge against his political adversaries while launching a global trade war that has pushed some costs higher and threatens to send the U.S. economy into recession."
Yahoo
06-05-2025
- Business
- Yahoo
Bipartisan Trump critics highlighting rising costs
A bipartisan group of President Trump's critics is launching a new coalition seeking to counter the Trump administration's messaging on the economy by highlighting rising costs since Trump returned to office just over 100 days ago. The group, dubbed the Cost Coalition, will showcase stories of everyday Americans who say the president's policies are harming them personally and will lift 'up the voices of community leaders who see Trump's financial damage and broken promises firsthand,' according to a press release. 'We support common-sense policies that secure economic opportunity for the middle class, and are outraged at a president who is taking advantage of hard-working families for his own benefit,' the release reads. The group is expected to highlight 'growing economic burdens' — including rising costs of groceries, gas, homeownership, child and elder care — which, according to the group, 'are putting the American Dream out of reach for hardworking families in every state.' The critics are also targeting Trump on his tax plan, workforce cuts through the Department of Government Efficiency (DOGE), his sweeping tariff policies and rollbacks of certain aspects of Biden administration laws like the CHIPS & Science Act and the Inflation Reduction Act. 'The affordability crisis is being worsened by a billionaire president intent on enriching himself at the expense of the Americans he guaranteed he'd help; and by an out-of-touch Congress beholden to the Washington swamp,' the press release continued. The group will be active in Virginia, New Jersey and Pennsylvania in 2025 and expand into other areas in 2026. Their main push will come through social media, press interview, events and paid advertising, per the coalition. Members will also directly 'call out supporters of policies that are increasing prices, inflation, and the national debt, while reducing economic growth.' The group is made of various political operatives and former congressional aides who have worked for both parties and faith and military community outreach staffers. The group includes two communications advisers: Democrat Andrew Bates, who was former President Biden's senior deputy press secretary; and Republican Terry Holt, who served as a spokesperson for former President George W. Bush's campaign and for former House Speaker John Boehner (R-Ohio). 'In 100 days, Donald Trump put the best-performing economy in the world on a crash course toward recession. Trump's tariffs — the biggest middle class tax hike in modern history — are making everyday prices skyrocket and wreaking havoc for businesses large and small,' Bates and Holt said in a joint statement. 'Next up are grossly inflationary tax cuts for the wealthy that will only saddle future generations with staggering debt.' 'Whether you're a Republican, Democrat, or anything else, Donald Trump's agenda is an economic crisis threatening your livelihood and standard of living,' they added. The Hill has reached out to the White House for comment. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. For the latest news, weather, sports, and streaming video, head to The Hill.
Fast Company
06-05-2025
- Business
- Fast Company
Trump critics are launching a new bipartisan group to put a spotlight on rising costs
A bipartisan group of President Donald Trump's critics is launching a new organization, dubbed the Cost Coalition, to highlight Trump's struggle to control rising costs in the early months of his new presidency. The group expects to be especially active ahead of upcoming elections in Virginia, New Jersey and Pennsylvania, according to preliminary plans shared with The Associated Press this week ahead of a formal announcement. The Cost Coalition will push its message through a combination of paid advertising, social media, press interviews and on-the-ground events with small business leaders, veterans and the faith community. Terry Holt, a former spokesperson to former President George W. Bush and former House Speaker John Boehner, both Republicans, is serving as a senior communications adviser along with Andrew Bates, a former spokesperson for former President Joe Biden, a Democrat. 'In 100 days, Donald Trump put the best-performing economy in the world on a crash course toward recession. Trump's tariffs—the biggest middle class tax hike in modern history—are making everyday prices skyrocket and wreaking havoc for businesses large and small,' Holt and Bates said in a joint statement. 'Next up are grossly inflationary tax cuts for the wealthy that will only saddle future generations with staggering debt. Whether you're a Republican, Democrat, or anything else, Donald Trump's agenda is an economic crisis threatening your livelihood and standard of living.' The new group enters a political landscape already packed with powerful voices fighting to shape the national conversation little more than 100 days after Trump began his second term. The Republican president vowed to 'end inflation' on Day 1, but he has focused more on immigration, culture wars and exacting revenge against his political adversaries while launching a global trade war that has pushed some costs higher and threatens to send the U.S. economy into recession. Trump late last week said on his social media platform that there is 'NO INFLATION' and claimed that grocery and egg prices have fallen, and that gasoline has dropped to $1.98 a gallon. That's not entirely true: Grocery prices have jumped 0.5% in two of the past three months and are up 2.4% from a year ago. Gasoline and oil prices have declined—gas costs are down 10% from a year ago—continuing a longer-running trend that has continued in part because of fears the economy will weaken. Inflation did drop noticeably in March, an encouraging sign, though in the first three months of the year it was 3.6%, according to the Federal Reserve's preferred gauge, well above its 2% target. The Cost Coalition will be led by a team of veteran operatives who played key roles for Kamala Harris' unsuccessful presidential campaign: Republican strategist Austin Weatherford, the leader of 'Republicans for Harris'; Rev. Jennifer Butler, Harris' national faith and engagement director; Libby Jamison, the Harris campaign's national director of veteran and military family engagement; political strategist Leslie Gross, a veteran of the Obama-Biden administration; and George Holman, who served in the Biden administration. A spokesperson declined to say how the new group will be funded, except to say it has 'seed contributions' from some large donors in both parties and will also rely on grassroots donations. As a project of the American Values Alliance, the organization will be set up as a nonprofit with a hybrid political action committee. As such, it won't have to publicly disclose all of its funding sources.
The Hill
06-05-2025
- Business
- The Hill
Bipartisan Trump critics highlighting rising costs
A bipartisan group of President Trump's critics is launching a new coalition seeking to counter the Trump administration's messaging on the economy by highlighting rising costs since Trump returned to office just over 100 days ago. The group, dubbed the Cost Coalition, will showcase stories of everyday Americans who say the president's policies are harming them personally and will focus on 'lifting up the voices of community leaders who see Trump's financial damage and broken promises firsthand,' according to a press release. 'We support common-sense policies that secure economic opportunity for the middle class, and are outraged at a president who is taking advantage of hard-working families for his own benefit,' the release reads. The group is expected to highlight 'growing economic burdens' — including rising costs of groceries, gas, home ownership, child and elder care — which, according to the group, 'are putting the American Dream out of reach for hardworking families in every state.' The critics are also targeting Trump on his tax plan, workforce cuts through the Department of Government Efficiency (DOGE), his sweeping tariff policies and rollbacks of certain aspects of Biden administration laws like the CHIPS & Science Act and the Inflation Reduction Act. 'The affordability crisis is being worsened by a billionaire president intent on enriching himself at the expense of the Americans he guaranteed he'd help; and by an out-of-touch Congress beholden to the Washington swamp,' the press release said. The group will be active in Virginia, New Jersey and Pennsylvania in 2025 and expand into other areas in 2026. Their main push will come through social media, press interview, events and paid advertising, per the coalition. Members will also directly 'call out supporters of policies that are increasing prices, inflation, and the national debt, while reducing economic growth.' The group is made up of various political operatives and former congressional aides that have worked for both parties and faith and military community outreach staffers. The group includes two communications advisers: Democrat Andrew Bates, who was former President Biden's senior deputy press secretary; and Republican Terry Holt, who served as a spokesperson for former President George W. Bush's campaign and for former House Speaker John Boehner (R-Ohio). 'In 100 days, Donald Trump put the best-performing economy in the world on a crash course toward recession. Trump's tariffs — the biggest middle class tax hike in modern history — are making everyday prices skyrocket and wreaking havoc for businesses large and small,' Bates and Holt said in a joint statement. 'Next up are grossly inflationary tax cuts for the wealthy that will only saddle future generations with staggering debt.' 'Whether you're a Republican, Democrat, or anything else, Donald Trump's agenda is an economic crisis threatening your livelihood and standard of living,' they added.
