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[8] https://gasprices.aaa.com/
[9] According to the BLS, the CPI was 261.58 in Jan. 2021 and is 305.11 in June 2023, a 16.6% increase.
[10] Current US Inflation Rates: 2000-2023, U.S. Department of Labor.
[11] Current US Inflation Rates: 2000-2023, U.S. Department of Labor.
[12] Burden is Back: Comparing Regulatory Costs between Biden, Trump, and Obama, Casey B. Mulligan. Biden regulations have cost Americans almost $10,000 per household: study, FOXNEWS.
[13] Burden is Back: Comparing Regulatory Costs between Biden, Trump, and Obama, Casey B. Mulligan. Biden regulations have cost Americans almost $10,000 per household: study, FOXNEWS.
[14] Burden is Back: Comparing Regulatory Costs between Biden, Trump, and Obama, Casey B. Mulligan. Biden regulations have cost Americans almost $10,000 per household: study, FOXNEWS.
[15] Burden is Back: Comparing Regulatory Costs between Biden, Trump, and Obama, Casey B. Mulligan. Biden regulations have cost Americans almost $10,000 per household: study, FOXNEWS.
[16] Understanding America’s Labor Shortage, US Chamber of Commerce.
[17] Trump Job Approval Steady at 49%, Gallup.
[18] Americans' Economic Optimism Ticks Up; Best Since Early 2022, Gallup.
[19] 30-Year Fixed Rate Mortgage Average in the United States, Freddie Mac.
[20] 30-Year Fixed Rate Mortgage Average in the United States, Freddie Mac.
[21] Latest mortgage news: Rates near 7% as Fed resumes inflation fight, Bankrate. The national median family income for 2023 is $96,300, according to the U.S. Department of Housing and Urban Development, and the median price of an existing home sold in May 2023 was $416,100, according to the US Census and HUD. Based on a 20 percent down payment and a mortgage rate of 6.98 percent under Joe Biden, the monthly payment of $2,210 amounts to 27.5 percent of the typical family’s monthly income. In 2021 under Trump, median family income was $70,784, the median home price was $369,800 and the average mortgage rate was 2.65 percent. Buying the typical home then required monthly payments of $1,192 or 20 percent of a family’s monthly income. That means that Americans pay $1,018 more a month and $12,216 more annually on their mortgage payments.
[22] CFPB Report Finds Declines in Credit Card Debt, New Applications and Increases in Digital Engagement in 2020, CFPB.
[23] Americans owe $1 trillion in credit card debt, The Hill.
[24] According to the U.S. Census Bureau, real median household income rose on average by $264.90 per year from 1987 to 2017. Between 2018 and 2019, immediately following President Trump’s tax cuts, real median household income rose by $4,640 or by $2,320 on average per year over those two years. $2,320 per year is a 99.12% increase in income from the 30-year average of $264.90.
[25] It’s official: Trump’s tax cuts paid for themselves, Steve Moore.
IRS data proves Trump tax cuts benefited middle, working-class Americans most, JUSTIN HASKINS.
The Numbers Are In: Trump’s Tax Cuts Paid Off, Heritage Foundation.
[26]TCJA and 2026 Tax Brackets: Why Your Taxes Are Likely to Increase and What to Do About It, Kathleen Coxwell.
Here’s what happens if Dems repeal tax cuts, Americans for Tax Reform.
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