Inflation rises to 3.8% as GOP confronts midterm risk
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- Inflation rose to 3.8% year‑over‑year in April, the highest level since 2023.
- President Trump launched a war with Iran that has kept energy prices high.
- Rep. Brian Fitzpatrick (R‑PA) warned that a $400 million White House ballroom is out of step with Americans living paycheck‑to‑paycheck.
- Rep. Don Bacon (R‑NE) blamed the GOP’s tariff policy for inflation, saying tariffs violate the free‑market principles of Milton Friedman and Adam Smith.
- U.S. energy supply remains tight, with crude inventories down 900 units.
Why it matters: Swing‑district voters lose confidence as inflation climbs to 3.8% and energy supplies tighten, while GOP candidates risk losing the 2026 midterms; Biden’s $400 M ballroom plan further fuels criticism.
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