Pence-Backed Group Unveils 10-Point Cost Plan as It Breaks With Trump on 2 Issues
Updated
Updated · Fox News · Aug 18
Pence-Backed Group Unveils 10-Point Cost Plan as It Breaks With Trump on 2 Issues
2 articles · Updated · Fox News · Aug 18
Summary
Advancing American Freedom released a 10-proposal affordability plan that says government-driven costs in housing, energy and business are the top issue facing U.S. voters.
The report backs deregulation and more production—easing zoning, expanding oil and gas leasing, and tying roughly $50 billion in annual federal housing aid to zoning reform.
It breaks with Donald Trump on tariffs and credit cards, arguing his trade duties raised consumer prices and left the economy with nearly 900,000 fewer jobs than expected while opposing his proposed 10% cap on card interest rates.
Treasury data cited in the report showed tariff revenue hit $30.4 billion in January, up about 242% from $8.9 billion a year earlier, underscoring the consumer-cost debate ahead of the midterm elections.
Housing and energy sit at the center of the blueprint: the National Association of Home Builders estimates regulations make up about 26% of a new single-family home's price, while the group says cheaper energy would lower costs across the economy.