"Trump's Wartime Spending Takes a Toll on Americans' Wallets: As Gas Prices Soar and Mortgage Rates Rise, Senators Demand Transparency on IRS Lawsuit Settlement. The US economy is facing a perfect storm of rising costs, with gas prices up nearly a dollar a gallon since Trump took office, and mortgage rates hitting their highest level in nearly a year. Meanwhile, a prominent economist warns that the ongoing war in Iran is costing the average US household over $1,200. Amidst this deepening affordability crisis, Senators John Cornyn and Thom Tillis are pushing for greater transparency on the Trump administration's lawsuit against the IRS, sparking questions about the true cost of the president's policies. As Americans struggle to make ends meet, many are left wondering if the president will take action to address the economic concerns weighing heavily on their minds."
Senators John Cornyn and Thom Tillis had demanded further assurances about the settlement of Trump’s lawsuit against the Internal Revenue ServiceSign up for the US Breaking News emailGas prices are up almost a dollar a gallon since the day Donald Trump took office; mortgage rates just hit their highest level in nearly a year, and over the weekend a prominent economist said the Iran war is costing the average US household more than $1,200.Americans are struggling through a deepening affordability crisis caused largely by Trump’s ill-fated war against Iran. They are in need of a boost, something to lift the spirits. Perhaps the president could give a speech, letting the people know that we are all in this together. Continue reading...
