Political speech, timestamped and in context

J. D. Vance: “So far in 2026, we've got it down below 3%.”

Featuring: J. D. Vance, Republican | Vice President of the United States | National

LIVE: JD Vance Delivers Remarks At Campaign Rally In Lakeland, Florida Ahead Of Midterms

Published October 1, 2026

We got to remember that under their leadership, they had 8% inflation. Under Joe Biden, and in 2025, we brought it down below 2%. And So far in 2026, we've got it down below 3%. Look just at housing. Home prices under Joe Biden's leadership doubled. Now rents are falling for the first time in 20 years under Donald Trump's leadership. Consider health care. (13:31–13:35)

STATEMENT

Asserts that inflation was reduced to below 3% in 2026.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.

See the main statements from J. D. Vance in this video

“Home prices under Joe Biden's leadership doubled.”
Asserts that home prices doubled under Biden's leadership.13:36-13:41
“Now rents are falling for the first time in 20 years under Donald Trump's leadership.”
Asserts that rents are falling for the first time in 20 years under Trump's leadership.13:40-13:45
“We are seeing drug prices drop at their fastest rate since the 1960s.”
Asserts that drug prices are decreasing at the fastest rate since the 1960s.14:32-14:38
“For 16 months, we haven't released a single illegal immigrant at the border.”
Asserts that no illegal immigrants have been released at the border for 16 months.18:01-18:08
“Fentanyl deaths in this great state were down by nearly 50%.”
Asserts that fentanyl-related deaths in the state have decreased by nearly 50%.18:23-18:28
“The murder rate is at a 126 year low.”
Asserts that the murder rate is at its lowest in 126 years.18:52-18:58
“Back when Sleepy Joe Biden and Kamala Harris were dumping millions of illegal immigrants all over the state of Florida, you know what Ashley did? She took them to court. And she won.”
Asserts that [Ashley Moody] took [the Biden administration] to court over illegal immigrants in Florida and won.03:35-03:47
“The Democrats [...] have fought our anti-fraud efforts tooth and nail every single day.”
Asserts that Democrats have consistently opposed anti-fraud efforts.05:23-21:39
“Ashley Moody has been fighting for food transparency. She's been fighting to keep the garbage out of our food supply.”
Asserts that [Ashley Moody] has been advocating for food transparency and safety.05:57-06:04
“She has been fighting to make sure the state of Florida gets the aid it deserves after a bad storm.”
Asserts that [Ashley Moody] has been working to secure storm aid for Florida.06:07-06:15
“We marked 1 million new jobs created under President Donald J. Trump, 60,000 of them here in Florida.”
Asserts that 1 million new jobs were created under Trump, with 60,000 in Florida.13:04-13:12
“Under their [Democrats'] leadership, they had 8% inflation.”
Asserts that inflation was at 8% under Democratic leadership.13:22-13:27
“Under Joe Biden, and in 2025, we brought it down below 2%.”
Asserts that inflation was reduced to below 2% in 2025 under Biden.13:26-13:31
“Pharmaceutical prices skyrocketed under Joe Biden and the Democrats leadership.”
Asserts that pharmaceutical prices increased significantly under Biden and Democratic leadership.14:00-14:06
“We just sentenced one of those money launderers to prison for two decades.”
Asserts that a money launderer was sentenced to 20 years in prison.20:51-20:57
“Democrats running in the state of Florida look no further than Angie Nixon, the self-described socialist.”
Asserts that Angie Nixon is a self-described socialist running as a Democrat in Florida.22:12-22:30
“This is a woman who has repeatedly [...] called to defund the police and abolish prisons.”
Asserts that Angie Nixon has called to defund the police and abolish prisons.23:06-23:16
“This cafe that she runs is called Cafe Resistance.”
Asserts that Angie Nixon runs a cafe called Cafe Resistance.24:07-24:11
“She'll sell you books saying that the real founding of the United States of America was not 1776, but 1619.”
Asserts that Angie Nixon sells books claiming the founding of the U.S. was in 1619.24:27-24:37
“A self-professed socialist who somehow owns two homes.”
Asserts that Angie Nixon, a self-professed socialist, owns two homes.24:50-24:56
“A woman who wants to raise your taxes but makes $300,000 a year.”
Asserts that Angie Nixon wants to raise taxes and makes $300,000 a year.24:55-25:03
“David Jolly is [...] not a person who has ever held a real job.”
Asserts that David Jolly has never held a real job.26:04-26:10
“He was an MSNBC pundit and before that he was a CNN pundit.”
Asserts that David Jolly was a pundit for MSNBC and CNN.26:10-26:18
“He wants the power to force your daughters to play against boys on a soccer field.”
Asserts that David Jolly wants to enforce policies allowing boys to play against girls in sports.27:32-27:37
“He wants the power to take money from your pockets and give it to fraudsters.”
Asserts that David Jolly wants to redistribute money to fraudsters.27:36-27:43
“He wants the power to impose new taxes on you and your families.”
Asserts that David Jolly wants to impose new taxes.27:43-27:48
“He used to [...] be a Republican.”
Asserts that David Jolly used to be a Republican.27:54-27:57
“David was against government run health care. Now he's for it.”
Asserts that David Jolly changed his position on government-run health care.28:59-29:04
“He was against raising taxes on the middle class, but now he says he's for it.”
Asserts that David Jolly changed his position on raising taxes on the middle class.29:03-29:09
“On the Democratic side in the state of Florida, you have a fraud running for the governor of Florida. His name is David Jolly.”
Asserts that David Jolly is a fraud running for governor in Florida.29:22-29:30