GOP lawmakers lack confidence in Trump's plans to tackle costs [View all]
Source: The Hill
12/01/25 6:00 AM ET
Republican senators are panning President Trumps latest proposals to help Americans cope with high prices and a slowing economy, a sign of waning confidence among GOP lawmakers in Trumps ability to overhaul the nations $30 trillion economy. Capitol Hill Republicans are becoming more sensitive to how Trump is responding to higher prices as they face relentless attacks from Democrats, who plan to make affordability their top issue in the 2026 midterm elections.
The cost of a classic Thanksgiving dinner is about five percent cheaper than it was during President Bidens last year in office, according to the American Farm Bureau Federation, but many GOP lawmakers say high prices are still a major problem for the party in power.
Trump repeatedly points out that the stock markets has repeatedly hit all-time highs throughout 2025, but some lawmakers worry the market doesnt match the reality of the real economy, where consumer confidence is slumping and American households are reporting record-high debts.
The annual inflation rate of 3 percent in September, as measured by the Labor Departments consumer price index (CPI), is also equivalent to its level when Trump took office in January.
Read more: https://thehill.com/homenews/senate/5624257-republican-senators-question-trump/