Overview

• Vice President JD Vance said housing and groceries are "too expensive" and attributed the costs to a "disastrous Biden economy" during a Friday interview on Fox News’ The Ingraham Angle.
• Vance credited President Trump for inheriting a severe inflation problem and said the administration has seen several months of relatively stable inflation, while arguing prices remain elevated from earlier spikes.
• He cautioned conservatives against dismissing New York mayoral candidate Zohran Mamdani as a socialist and said young people need a tangible economic stake because many view the American dream as unaffordable.
• The comments came after Bureau of Labor Statistics figures showed the Consumer Price Index rose 0.4% in August and 2.9% over the past year.
• Coverage also noted that August was the first month most of President Trump’s tariffs took effect, a Marist poll last week showed Mamdani leading the mayoral race, and Trump recently mocked Mamdani on Fox & Friends.