Leader Schumer Floor Remarks On Donald Trump’s Broken Promises To The American People And The Economic Devastation Caused In First Few Weeks

Washington, D.C. – Senate Democratic Leader Chuck Schumer (D-NY) today spoke on the Senate floor about President Trump’s broken campaign promises on the economy, and how, instead of delivering lower costs, hardworking Americans have witnessed skyrocketing prices and the erosion of essential programs—as Republicans work towards more tax breaks for billionaires. Below are Senator Schumer’s remarks, which can also be viewed here:

Now, let's talk about one month into the Trump administration.

On his first day in office, Donald Trump promised a Golden Age was coming over the horizon.

But when Donald Trump speaks tonight, his promise of a Golden Age will feel like ancient history.

So this morning, let’s talk about Donald Trump’s many broken promises.

As a candidate, Donald Trump promised “when I win I will immediately bring prices down starting on day one.”

He said “grocery prices will come tumbling down.” He said when he get elected.

But instead, what’s happened?

Inflation has gone not down, but up.

Gas prices were up 2% from the previous month.

Chicken, pork, beef are all more expensive.

Eggs, 15% higher than last month.

And what’s Donald Trump’s solution to all this?

The Secretary of Agriculture said yesterday Americans should just buy their own chickens to lay their own eggs. Is she serious? This is the Agriculture Secretary? Americans should buy their own chickens to lay their own eggs? Who are they kidding?

As a candidate, Donald Trump also said “vote Trump and your incomes will soar. Your net worth will skyrocket.”

Now, to be fair, if you are a billionaire, he’s telling you the truth!

But if you’re not rich, Donald Trump and Republicans’ signature legislation is to cut Medicaid and Social Security and other programs by hundreds of billions of dollars, in order to pay for tax breaks for the billionaire’s club.

Let’s look at another claim by candidate Trump.

“The next economic boom will begin the instant…Donald J. Trump has won four more years.”

That’s his quote.

Well let’s look at what actually happened:

Last month, consumer confidence took its biggest nosedive in years.

Retail sales dropped unexpectedly by .5%.

Unemployment filings hit their highest levels since last fall.

The S&P 500—one of Donald Trump’s favorite measuring sticks—has erased all its gains this year.

And now Donald Trump has started a trade war with our closest trading partners.

That is not what an economic boom looks like. This is economic anemia, created by Donald Trump’s own policies.

I could go on, because there are so many people being hurt by policies of such foolishness.

Donald Trump promised to take care of veterans, yet DOGE tried to fire hundreds of critical staffers from the VA, including crisis hotline staff and funding for cancer treatments.

Housing costs are up. Electricity bills are up.

If there’s any Golden Age to be had under Donald Trump, it’s a Golden Age for lawlessness.

It’s a Golden Age for the billionaires club.

It is not a Golden Age for Americans who work hard every day to live an honest life and make ends meet.

But I doubt we will hear any of that from Donald Trump tonight.

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