Trump inflation brag undercut as Congress shares astronomical costs for American families

A congressional report published Tuesday further undercut US President Donald Trump’s claim that he has defeated inflation, estimating that the average American family paid $1,625 in higher costs last year as the Republican president’s tariffs and broader policy agenda drove up prices across the nation’s economy.

The new analysis by Democrats on the Joint Economic Committee (JEC) found that the $1,625 total includes $323 more for housing expenses and $241 more for transportation costs. In some states—including Alaska...