Story perspectives
Families Face $700 Monthly Spike in Essential Costs
11/14/2025
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Story summary
- The Joint Economic Committee released a report showing families spend about $700 more per month on essentials since U.S. President Donald Trump took office.
- The report coincided with the delayed release of the October Consumer Price Index data.
- Senator Maggie Hassan criticized Trump's tariffs for fueling inflation.
- CNN's Daniel Dale noted inflation accelerated, with prices up 1.7% since January and 3% since September 2024.
