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Joint Economic Committee Democrats

Publications

Mar 13 2026

UPDATE: Families to Pay $2,500+ in Tariff Costs This Year

WASHINGTON – The Joint Economic Committee – Minority today released new data estimating that families could pay more than $2,500 in tariffs costs this year. Following the Supreme Court’s ruling that the bulk of the President’s tariff agenda was illegal, the administration moved immediately to enact new tariffs that Treasury Secretary Bessent claims will result in “virtually unchanged tariff revenue in 2026.” 

Read the full report on the cost of Trump’s tariffs here.

Jan 15 2026

NEW: In 2025, Families Paid $310 More For Groceries Under Trump

The Joint Economic Committee – Minority today released a new report finding that a typical American family paid $310 more for groceries during President Trump’s first year in office compared to 2024. These price increases contradict Trump’s statement this week that “grocery prices are starting to go rapidly down,” and his pledge on the campaign trail that “a vote for Trump means your groceries will be cheaper.”