Trump announces emergency price relief plan for Americans

by Dillon Burroughs

Photo: Alamy

President Donald Trump announced emergency price relief on Wednesday to help reduce regulations impacting the cost of living for Americans.

Trump shared the memorandum to lower the cost of housing, healthcare costs and appliances, and create employment opportunities.

“The Biden Administration imposed complex regulatory burdens and radical policies designed to weaken American production,” the Presidential Memorandum stated.

“President Trump is ordering all Federal agencies to untangle the American economy from Biden constraints and improve affordability of necessary goods and services and increase the prosperity of the American workers,” it added.

The memo also blasted the Biden administration’s policies that included high inflation over the last four years.

“Unprecedented regulatory oppression from the Biden Administration has imposed almost $50,000 in costs on the average American household, whereas President Trump’s first-term agenda reduced regulatory costs by almost $11,000 per household,” the memo said.

The move also comes after Saudi Arabia’s crown prince told Trump on Thursday that he plans to invest $600 billion in the U.S. over the next four years. Crown Prince Mohammed bin Salman (MBS) made the comments during a phone call with Trump, according to the Saudi Press Agency.

“The crown prince affirmed the kingdom’s intention to broaden its investments and trade with the United States over the next four years, in the amount of $600 billion, and potentially beyond that,” the agency reported.

Younger Americans are more positive about the economy following Trump’s election win, according to a November study from The Economist and YouGov among voters aged 18 to 29 showing increased optimism about personal financials in 2025.

“Vice President-elect Vance’s favorability rating among 18 to 29-year-olds jumped to 43 percent, with his disapproval rating slipping to 31 percent. In the final October poll from YouGov and the Economist, just 31 percent of younger voters said they had a favorable view of Vance, and 48 percent said they had an unfavorable view,” Breitbart News reported.

“President-elect Trump’s popularity with younger voters has also surged. In the latest poll, taken between November 17 and 19, 57 percent of young voters say they have a favorable impression of Trump, with 38 percent having an unfavorable view. In the poll taken between October 26 and the 29, Just 38 percent rated Trump favorably, and 58 percent rated him unfavorably,” it added.

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