Families paying $1,500 more a year  under 'reckless' Trump: report

Nevadans have paid an average of $1,565 more in goods and services expenses under the first year of President Donald Trump’s second term, a congressional report says.

The costs that American households pay for all purchases and expenses has increased by $1,625 nationally, according to an analysis released by Democrats on the congressional Joint Economic Committee (JEC)Tuesday.

The report was based on an analysis of Consumer Price Index (CPI) data through December 2025. In Nevada, housing and transportation costs have increased on average by $185 and $250 respectively.

The analysis is the same method that the Republicans on the JEC used under the Biden administration.

During a speech at the Detroit Economic Club last week, Trump falsely claimed that “inflation has stopped” and that “prices are down.” The morning of Trump’s speech, the Bureau of Labor Statistics announced that the CPI increased 2.7% in December compared to December 2024.

“The data is clear: Donald Trump’s reckless policies and tariffs have done nothing to lower costs for families in the last year,” Nevada Democratic U.S. Sen. Jacky Rosen said in a statement Tuesday.

Earlier this month, Senate Republicans blocked a bill introduced by Rosen that aimed to exempt food and agricultural products from Trump’s tariffs policy by requiring congressional approval.

Nevada Current is part of States Newsroom, a nonprofit news network supported by grants and a coalition of donors as a 501c(3) public charity. Nevada Current maintains editorial independence. Contact Editor Hugh Jackson for questions: info@nevadacurrent.com.