Trump focused much of his speech on his economic agenda, touting his administration’s effort to lower consumer prices.
“From trade to healthcare, from energy to immigration, everything was stolen and rigged in order to drain the wealth out of the productive, hardworking people who make our country run,” Trump said, adding, “Now we are the hottest country anywhere in the world.”
The president blamed Democratic lawmakers for high inflation rates, which remain above the Federal Reserve’s 2% goal. He said his policies have lowered the cost of housing, healthcare, and energy — though the financial reality is more nuanced for many Americans.
Trump spoke about tax breaks in his One Big Beautiful Bill Act, Trump Accounts, his recently-unveiled plan to increase healthcare cost transparency, and his efforts to make mortgages more accessible. He also defended the White House’s tariff policies, despite what he called a “disappointing” ruling by the Supreme Court last week.
One thing is clear: Trump wants America to think of the economy as “roaring.”
