Office of Science and Technology Policy

10/29/2026 | Press release | Distributed by Public on 10/29/2026 06:25

President Trump Put Money Back in Your Pockets—Radical Democrats Want It Back and More

President Trump Put Money Back in Your Pockets-Radical Democrats Want It Back and More

The White House
October 29, 2026

In less than two years, President Donald J. Trump delivered the largest working-class tax cuts for American families, the largest decrease in prescription drug prices for Americans in nearly 70 years, reached record-high real median household income, created over one million private-sector jobs, secured TRILLIONS in investments across the country, reignited American manufacturing, and achieved record-low poverty.

No other President could have achieved such victories for the American people, and he is just getting started.

The Trump Administration is righting the nation's course after years of decline under Biden's Far-Left failed policies.

Now, across the country, we are witnessing a Radical Left resurgence-with Democrats embracing a dangerous socialist agenda that would destroy the American Dream. What the Extreme Liberal Democrats' will never admit is the hefty price tag and economic turmoil their policies come with for working Americans-over 28% less pay, high unemployment, and a sinking economy that resembles struggling socialist European countries.

The Radical Democrats' Agenda Comes at the American Peoples' Expense

See for yourself what your wallet would look like from the false promises of the Far-Left Democrats out-of-touch agenda-such as Medicare for All, wide-open borders, no prisons, free college for everyone, taxing the rich, and the Green New Scam.

  • Democrats' Extreme agenda would cost American Households OVER $35,000 per year-totaling $355,000 for families over the course of 10 years.
  • Democrats would SLASH your take-home pay by $22,000 when they raise your taxes-reversing Republicans' historic successes.
  • The Far-Left Democrat agenda would almost triple the average Federal tax rate to pay for it.
  • Democrats shipped over 200,000 American jobs overseas under Biden, prioritizing foreign workers over American workers-and they will do it again.
  • Democrats' wiped American's purchasing power-in fact, under the Biden Administration American's saw a $3,000 annual decline in real wages.
  • Interest rates would skyrocket to over 10% and mortgage rates over 12%.
  • If Radical Democrats' have it their way, inflation would soar across the country to 130-160% in ten years.
  • As the nation's GDP is cut by almost 20%, millions of hardworking Americans would lose their jobs, and those who didn't lose their jobs would get paid less for the same work.
  • The Democrats' Green New Scam policies would impose more than $12 trillion in costs over 25 years-over $91,000 per household-and drive up electricity bills for gas-heated homes by nearly 20%.
  • If Democrat revive their insane vehicle mandates, it would cost $884 billion over 10 years, including $244 billion in lost vehicle sales, and their full Green New Scam would leave real GDP $2.2 trillion lower over the next decade.
  • Democrat's Mass Amnesty for ALL policies would add $36-$47 billion annually in SNAP, housing vouchers, and Medicaid costs paid for by American taxpayers.
  • The Democrats' dangerous push to end ICE enforcement and deportations would cost American lives, and $227-$287 billion.
  • Democrat's Abolish the Police and Prisons policies would have devastating consequences for the American people-resulting in higher crime rates, shorter life expectancy, more violent-crime deaths, and increased child poverty-putting families' safety, financial security, and quality of life at risk.

President Trump is Delivering for Hardworking Families and Reinvigorating America After Years of Democrat Decline.

The Trump Administration has delivered historic wins, revitalized our great nation, and is unleashing America's economic strength after years of Radical Democrat decline. President Trump will never let the United States become a Communist country.

  • President Trump and Republicans in Congress delivered the largest working-class tax cuts in history for families, putting your hard-earned money back in your pockets with No Tax on Tips, No Tax on Overtime, No Tax on Social Security, and doubling the Child Tax Credit.
  • Through strong tariff and economic policies, President Trump created over one million private-sector jobs for Americans, delivered trillions in new investments across the United States, and ushered in an American manufacturing renaissance benefiting America's communities, ensuring companies are building, hiring, and producing here at home.
  • Prescription drug costs are down after President Trump aggressively tackled special interest and pushed for price transparency to bring down health care costs through TrumpRx and Most-Favored-Nation deals, saving Americans over $600 billion the next decade.
  • After Biden cut Americans' real wages by $3,000 from soaring inflation, today, they are rising and outpacing inflation.
  • Prices of Americans' everyday grocery items such as eggs, beef, chicken, pork, cheese, lunchmeat, baby food and formula, and dairy are all coming down thanks to the Trump Administration.
  • Used cars are cheaper and car insurance costs have fallen over 5% this year after skyrocketing more than 60% under Biden's illegal alien invasion that made our roads less safe and drove up costs.
Office of Science and Technology Policy published this content on October 29, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on October 29, 2026 at 12:25 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]