Trump’s SixMonths in Office Marked By Broken Promises and Billionaires First Arrow

In response to Donald Trump's six-month mark in office, DNC Chair Ken Martin released the following statement:

"Every American needs to ask themselves - am I better off now than I was six months ago? Unless you're a billionaire or a big CEO, the answer is no. In six months, Donald Trump has skyrocketed prices for basic necessities, sparked an erratic trade war with no end in sight, and orchestrated the largest cuts to health care and food assistance in American history. As Trump's reckless trade agenda forces small businesses to plan for recession, working families are drowning in sky-high energy, gas, and grocery prices. Meanwhile, Trump's billionaire-first budget is ripping away health care from 17 million Americans and forcing rural hospitals to shut down - all to give another tax break to his ultra-wealthy backers.

"Trump said he would bring down costs on Day One and release the Epstein files, yet more and more Americans are realizing that his promises - like their own wallets - are now empty. Democrats are fighting back - hosting town halls in all 50 states, winning races previously held by Republicans, and mobilizing voters across the country to kick Republicans out of power. The bottom line: Trump hasn't done a damn thing for working families since he was sworn in, and it's clear as day that Americans are far worse off today than they were six months ago."

TRUMPTAX.COM: If you're not a billionaire, Donald Trump is screwing you over. Here's how:

Working Americans will lose $1,600 a year while high-earners will see their incomes boosted by $12,000.

⚡ Americans nationwide will see their energy bill increase by hundreds of dollars, and in some states, costs will increase by as much as 30%.

‍ Nearly 2 million construction and 2 million clean energy manufacturing jobs are at risk. Trump and Republicans' cuts to Medicaid and SNAP endanger another 1.2 million jobs.

17 million Americans could lose health insurance, a whopping 27% of nursing homes could be forced to close their doors, and more than 300 rural hospitals could close.

More than 22 million working families could lose some or all of their food benefits.

‍ American farmers will lose an estimated $23 billion in revenue due to SNAP cuts.

Experts say it is "the most regressive tax and budget law in at least the past 40 years-and possibly ever."

The SNAP, Medicaid, and energy subsidy cuts alone will reduce the GDP by an estimated $1.1 trillion.

The deficit will skyrocket by $3.3 trillion, stoking inflation and potentially causing an economic crisis.

And combined with Trump's reckless trade war, businesses have already lost $56 billion in the six months Trump has been in office.

POLLING: Trump's agenda is wildly unpopular with the American people.

• Only one-quarter of U.S. adults say that Trump's policies have helped them since he took office
• Roughly half of U.S. adults report that Trump's agenda has "done more to hurt" them
• About 2 in 10 Americans say Trump's policies have "not made a difference" in their lives
• Only 1 in 4 Americans say Trump's policies have "done more to help" them
• Roughly 6 in 10 Americans oppose Trump's budget bill, with only 16% saying it will make their families better off
• A majority (51%) of Americans say Trump's spending bill will hurt the economy
• A majority (63%) of Americans think Trump hasn't paid enough attention to the country's most important issues
• A majority (60%) of Americans disapprove of Trump's handling of the economy

Rather than help lower costs, Trump pursued an erratic trade agenda that is skyrocketing prices…

New York Times: "U.S. Inflation Accelerated in June as Trump's Tariffs Pushed Up Prices"

Goldman Sachs: "Economists at Goldman Sachs Research assume that companies will pass on 70% of the direct cost of tariffs to consumers through higher prices."

CNBC: "He bought a side table from Mexico. Tariffs added a surprise $1,170 fee at delivery."

Morning Consult: 73% of Americans said they noticed higher grocery prices due to Donald Trump's tariffs.

New York Times: "The president's whipsawing tariffs and cuts to agriculture grants and global food aid have left the state with swollen silos, shrinking markets and volatile prices for crops."

Yale Budget Lab: "The price level from all 2025 [Trump] tariffs rises by 2.1% in the short-run, the equivalent of an average per household income loss of $2,800 in 2025$."

… and signed his billionaire-first agenda that will worsen inflation, explode the deficit, and could lead to a financial crisis.

Reuters: "US fiscal folly could create big, beautiful debt spiral"

"The U.S. tax and spending bill passed on July 3 is expected to add more than $3 trillion to the country's deficit over the next decade. If the current debt trajectory continues unabated, it could set off a slow motion debt spiral that could endanger the Federal Reserve's independence."

Washington Post: "GOP bill could worsen inflation and lead to financial crisis, economists warn"