[Congressional Record Volume 171, Number 121 (Tuesday, July 15, 2025)]
[Senate]
[Page S4346]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]



                               Inflation

  Mr. SCHUMER. Now, Mr. President, Americans woke up this morning to a 
troubling headline: ``U.S. Inflation Accelerated in June as Trump's 
Tariffs Pushed Up Prices.'' That is what the New York Times said this 
morning.
  We have said from the start that Donald Trump's tariffs are a 
national sales tax on working- and middle-class families, and now these 
tariffs are causing inflation to rise, as many of us feared. And there 
is too large a chance that this tariff increase is just the beginning 
as increased chaos on tariffs rise.
  Tariffs raise the price of groceries, add thousands of dollars in 
additional cost to the average household, and Trump's chaotic approach 
does nothing--nothing--to make our economy stronger.
  Even worse, real wages are down for June as Americans pay more for 
groceries, electricity, healthcare costs, and that is before the ``Big 
Ugly Betrayal,'' which will steal people's Medicaid, kill jobs, and 
jack up people's electricity bills.
  Remember what Donald Trump said on the campaign trail? He said that 
if elected, he would bring costs down on day one. It is now the middle 
of July, and inflation is going up. That is the definition of a broken 
promise.