In The News
134 stories tracking the cost of living under Trump
July 2026 (12 stories)
Economy
Economy slows to 1.5% growth as inflation holds at 3.7% and Americans’ savings rate hits a four-year low.
Consumers dipping into savings to spend
Economy
Trump administration kills the $3.6 billion subsidy holding down Medicare drug premiums, raising 2027 costs for most of 25 million Part D enrollees.
Program cut average premiums 27%
Courts
Energy Department admits in court it canceled $7.5 billion in clean energy grants based solely on whether states voted Democratic, contradicting sworn testimony denying politics.
284 of 285 cancelations in states voting Harris
Economy
Rhode Island Gov. McKee declares an energy affordability emergency, directing $28 million in climate auction funds to offset a 15% winter rate hike for 450,000 households.
Energy assistance calls up fivefold
Economy
GAO finds Amazon workers on food stamps and Medicaid nearly tripled since 2020, with gig drivers now the top employer group using SNAP.
Walmart still leads all employers for Medicaid use
Economy
Greensboro, North Carolina commits $1.6 million in rental assistance to keep up to 80 low-income households stably housed for as long as two years.
Domestic violence survivors get priority referrals
Economy
New York becomes the first state to ban new large AI data centers, freezing 50-megawatt projects for a year as electric bills climb 68% since 2019.
Republicans back the moratorium by 13 points
Economy
New York Mayor Mamdani orders businesses to make subscription cancellations as easy as signups, reviving the federal rule courts blocked under Trump.
Estimated $162.5 million in annual savings
Congress
Trump refuses to sign the decades-biggest housing affordability bill, which becomes law at midnight anyway, protesting the Senate’s failure to pass his voting restrictions.
Bars investors from single-family homes
Economy
USDA officials pressured Walmart, Kroger, and Albertsons on beef prices days before Trump claimed credit for cuts Walmart had already put on shelves June 29.
Cattle herd smallest in 75 years
Economy
Trump claims Walmart cut prices “at my Administration’s request” while the retailer’s own statement announcing the reductions never mentions him or the government.
Inflation hit three-year high last month
June 2026 (8 stories)
Congress
House Speaker Johnson says the bipartisan housing affordability bill becomes law with or without Trump’s signature, after Trump dismissed it as “a yawn.”
Withheld over stalled voting rights bill
Congress
Rep. Ocasio-Cortez calls for breaking up big tech companies as Apple and others raise prices, saying the firms want to act like governments.
Backs moratorium on new AI data centers
Congress
Five million people have dropped ACA coverage for 2026 after Trump and Republicans let enhanced subsidies expire, roughly doubling premiums, new federal data shows.
Subsidy fight drove October's record shutdown
Economy
New York City’s Rent Guidelines Board freezes rents on roughly one million stabilized apartments, the first freeze since 2020 and delivering on a central Mamdani campaign promise.
Lone landlord member quit before vote
Economy
Michigan erases more than $74 million in medical debt for nearly 72,000 residents through a state partnership with the nonprofit Undue Medical Debt.
Program total now tops $200 million
Congress
The House passes the bipartisan 21st Century ROAD to Housing Act 358-32, sending it to Trump’s desk after the Senate’s 85-5 vote.
Shortage of 7.2 million affordable units