politics
U.S. CPI Rises to 3.8% in April as Trump Prioritizes Iran Nuclear Threat
President Donald Trump said his sole focus is preventing Iran from obtaining a nuclear weapon, comments that came as the U.S. Labor Department reported consumer prices rose 3.8 percent in April. Democrats released an ad linking his remarks to proposed cuts in social spending while lawmakers questioned a $1.5 trillion military budget that includes funding for a new White House ballroom.
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President Donald Trump spoke to reporters before departing the White House on Tuesday for a trip to China and said his thinking was dominated by one issue. "I don’t think about Americans’ financial situation ... I think about one thing: We cannot let Iran have a nuclear weapon.
That’s all. U.S. 8 per cent from the same time a year ago in April. U.S. consumer inflation accelerated in April with the annual rate posting its largest gain in three years.
6 per cent according to the April CPI. The producer price index recorded its biggest monthly gain since March 2022.
50 US per gallon. The average regular gasoline price is about 44 per cent more than it cost last year at this time.
Gas Buddy reported that diesel prices in four Midwestern states are at an all-time high. " Trump said on Monday he was planning to pause the federal gas tax. Pausing the federal gas tax would require congressional approval.
The Democratic Party released a new ad on Tuesday mixing Trump's comments with an excerpt from a White House speech last month suggesting it was untenable for the federal government to continue funding child care assistance, Medicare, and Medicaid. Rep. Yvette Clarke responded "No shit" to Trump's comments on social media.
Rep. " Sen. Bernie Sanders said: "To Trump, it doesn't matter that the working class is struggling economically. -Israeli attacks began on Feb. 28 and targeted military installations in Iran while killing several religious and political leaders.
