Overview
- In a national address, President Trump said his policies are rapidly lowering costs after a period of high inflation and that the economy was pulled back from "the brink of ruin."
- He claimed gasoline is under $2.50 in much of the country and $1.99 in many states, but EIA and AAA data put the national average near $2.90 with no state average below $1.99.
- He said electricity costs surged 30–100% under Biden and pledged a National Energy Emergency with 1,600 new generating points in 12 months, while analyses show bills rose roughly 25–30%.
- He touted steep drops in groceries, citing turkey down 33% and eggs down 82% since March, yet BLS and Farm Bureau figures show smaller declines and overall grocery prices up about 30% since 2020.
- He asserted drug prices fell by “400–600%” and announced a $1,776 "Warrior Dividend" for each U.S. soldier, with fact-checkers calling the drug claim mathematically impossible.