Karoline Leavitt Touts Trump’s Economic Wins Of ‘Beating’ Inflation Crisis, Boosting U.S. Wages

2 days ago

During her press briefing on Wednesday, White House Press Secretary Karoline Leavitt spoke about economic wins since President Trump has taken office.

Transcript

00:00In economic news, the latest consumer price index inflation report came in today below expectations again.

00:07Since President Trump took office, inflation has come in below economics expectations every single month.

00:13Core inflation held steady and remains at the lowest level since March of 2021.

00:18Wage growth remains strong.

00:20The average private sector worker is on track to see their real earnings increase by around $1,200 adjusted for inflation.

00:27And prices continue to fall for everyday Americans.

00:30Energy prices fell from April to May.

00:33Gasoline has fallen each month since President Trump took office, down 12% over the past year.

00:39And prices for meat, poultry, eggs, and fish are all down from April to May as well.

00:44Under President Trump's strong leadership, America is beating Joe Biden's record-high inflation crisis.

00:49And once the one big beautiful bill passes, our economy will boom like never before.

00:54This bill is the largest tax cut for middle-class Americans in history.

00:59The one big beautiful bill gives a 15% tax cut to working Americans and families.

01:04We'll see increased take-home pay of $10,000 per year.

01:09The one big beautiful bill expands the child tax credit to $2,500 for more than 40 million American families with children.

01:17And the one big beautiful bill cuts taxes for overtime workers, saving them nearly $2,000 per year, and ends taxes on tips, saving tipped workers nearly $2,000 per year as well.

01:29All of these provisions are broadly popular with an overwhelming support from the American people.

01:35We need Republicans in Congress to finish the job and send the one big beautiful bill back to President Trump's desk for his signature as soon as possible.

01:42With that, we'll get to questions. I'm sure you have many of them today.

01:46Here in our new media seat is Elizabeth Mitchell, the White House correspondent for The Daily Signal, who's not afforded a seat in this room, but today she is.