After AARP published interviews with Vice President Kamala Harris and former President Donald Trump, a PolitiFact reader
noticed that the organization did not fact-check the candidates’ responses.the Q&A’s, in which each candidate was asked the same questions, focused on inflation, Social Security, Medicare and drug prices.Harris:"In terms of the price of groceries, one of the issues that we’ve seen is the price-gouging issue, where bad actors actually hike up the cost of everyday essentials, including groceries."the Justice Department accused Agri Stats Inc.
Interest rates under Biden have been higher than under Trump, but Trump is wrong to call Biden-era inflation a historic worst. As president, Trump cut millions of dollars in federal funding for Affordable Care Act outreach and navigators who help people sign up for health coverage. He enabled the sale of short-term health plans that don’t comply with the act’s consumer protections and allowed them to be sold for longer durations, which siphoned people away from the health law’s marketplaces.
Trump’s administration enacted a program to lower insulin costs for some Medicare patients, but it was limited. The act also mandated that the out-of-pocket price cap apply to all insulin products a given Medicare plan covers, not just a subset.Economists say Russia’s 2022 invasion of Ukraine worsened inflation by spiking oil prices and interfering with global trade. The invasion happened just a few months before inflation in the U.S. peaked around 9% under Biden in the summer of 2022.
This means the U.S. is exporting a lot of its domestically produced crude on the international market. To make up for this, the U.S. still must import a substantial amount of oil for domestic use, and that leaves the U.S. at the mercy of international events to keep its supply coming in.
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