… to back leadership, there's no question that if you're looking for someone focusing on working class Americans, undeniably that would be the Trump economy and the Trump administration. Mr. Chairman, During Joe Biden's tenure, CPI was 4.7% on an annualized basis. Cumulative CPI was 21.5%. There was a loss of real purchasing power for working families. Thus far we have seen an increase in real wages. CPI for 2025 is 2.7%. (14:23–14:35)
CLAIM
Asserts that under Joe Biden, the Consumer Price Index (CPI) was 4.7% annually and cumulative CPI was 21.5%.
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.
