Warren Releases New Report Detailing President Trump’s Broken Promises on Affordability

Warren Releases New Report Detailing President Trump's Broken Promises on Affordability

Report reveals how families paid an estimated $2,120 more in 2025 because of inflation under Donald Trump

Report reveals families paid hundreds of dollars more for electricity and groceries

Read the Full Report (PDF)

Washington, D.C. - A year after President Donald Trump promised to lower costs for American families starting "on day one," the minority staff of the Senate Banking, Housing, and Urban Affairs Committee - led by Ranking Member Elizabeth Warren (D-Mass.) - released a new report demonstrating how Trump's broken promises have made everyday life more expensive, particularly for low- and middle-income households. This is the first in a series of reports by the Committee that will reveal Donald Trump's failure to make the economy work better for the American people.

The report finds that households paid an estimated $2,120 more in 2025 because of inflation under Trump - including an estimated $123 more on electricity bills and an estimated $150 more for groceries.

"Donald Trump promised families lower costs on day one - and then pursued policies that drove prices up instead. His reckless tariffs and failed economic agenda have made groceries, electricity, and basic necessities more expensive, squeezing families already struggling to get by. This analysis shows that Trump's broken promises have real consequences and they show up every month in Americans' bills," said Ranking Member Warren.

Higher prices have fallen hardest on those least able to afford them. In 2025, the bottom 20% of households faced roughly $950 in additional inflation-related costs - more than 5% of their estimated income. In contrast, although the top 20% paid more in absolute dollars, those costs amounted to just 2% of their estimated income. The report also documents sharp price increases for everyday grocery staples, including coffee and beef prices, which are up a respective 29% and 21% since January 2025.

Read the full report HERE.

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