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groundloop

(13,440 posts) Sun Nov 16, 2025, 04:06 PM Yesterday

Trump admin live updates: Bessent says effort to rein in costs will be felt next year

Source: ABC News

Treasury Secretary Scott Bessent said Sunday that Americans will begin to feel the White House's efforts to rein in the cost of living in the first two quarters of 2026.

"I think Americans are going to feel it in the first quarter, second quarter, I think 2026, thanks to President Trump's signature plans, is going to be a great year for working Americans, for the markets," Bessent told Fox News' "Sunday Morning Futures."

Meanwhile, President Donald Trump faces fallout from the release of messages sent by sex offender Jeffrey Epstein that mention Trump, and bipartisan pressure is ramping up on the administration to release the rest of the Epstein files.

Read more: https://abcnews.go.com/Politics/live-updates/trump-admin-live-updates-trump-blames-democrats-massive/?id=127478903

Efforts to rein in costs - such as spending millions upon millions of dollars to update a "free" luxury jet which tRump will keep, half million dollar payouts for 8 GQP Senators, sending National Guard troops to cities all across America for no reason, massive tax cuts for billionaires, no bid contracts, 40 BILLION dollars to Argentina's fascist leader ........

12 replies

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Highlight:

Trump admin live updates: Bessent says effort to rein in costs will be felt next year (Original Post) groundloop Yesterday OP

"Next year"? Even the "two weeks" put-off promise is subject to inflation! RockRaven Yesterday #1

Any Day Now scott BOSSHOG Yesterday #2

Gee, whatever hapoened to "on the first day"? sinkingfeeling Yesterday #3

It looks like "day one" is being replaced by "in the second year". First they need to stop inflation from rising progree Yesterday #5

I read that to mean BaronChocula Yesterday #4

My first thought also. Shipwack 22 hrs ago #11

I guess that makes two of us BaronChocula 19 hrs ago #12

"White House's efforts to rein in the cost of living"?! WHAT efforts? (nt) William Seger Yesterday #6

THIS!!! NotHardly Yesterday #7

So... lonely bird Yesterday #8

then in the third quarter they will say Nigrum Cattus 22 hrs ago #9

I love how Dump ruins the economy, then eases it a little then claims a big win even though it's still in the crapper. mdbl 22 hrs ago #10

RockRaven

(18,415 posts)

1. "Next year"? Even the "two weeks" put-off promise is subject to inflation!

Reply to groundloop (Original post)

Sun Nov 16, 2025, 04:07 PM

Yesterday

BOSSHOG

(44,158 posts)

2. Any Day Now scott

Reply to groundloop (Original post)

Sun Nov 16, 2025, 04:08 PM

Yesterday

You work for trump so you’re paid well to lie.

sinkingfeeling

(56,789 posts)

3. Gee, whatever hapoened to "on the first day"?

Reply to groundloop (Original post)

Sun Nov 16, 2025, 04:16 PM

Yesterday

progree

(12,555 posts)

5. It looks like "day one" is being replaced by "in the second year". First they need to stop inflation from rising

Reply to sinkingfeeling (Reply #3)

Sun Nov 16, 2025, 05:21 PM

Yesterday

With year-over-year inflation rising for 5 straight months, now 3.0%, and with the last 3 months annualized average inflation rate of 3.6%

And THEN they can tell us how great 2026 will be.

https://www.democraticunderground.com/?com=view_post&forum=1016&pid=417631

BaronChocula

(3,777 posts)

4. I read that to mean

Reply to groundloop (Original post)

Sun Nov 16, 2025, 04:19 PM

Yesterday

"Americans will feel the pain of our failed efforts to rein in costs at least for the first 2 quarters of 2026."

Shipwack

(2,918 posts)

11. My first thought also.

Reply to BaronChocula (Reply #4)

Sun Nov 16, 2025, 09:48 PM

22 hrs ago

I was surprised that they were openly admitting that there will be tough times “ahead”.

I’m such a silly goose sometimes.

BaronChocula

(3,777 posts)

12. I guess that makes two of us

Reply to Shipwack (Reply #11)

Mon Nov 17, 2025, 12:45 AM

19 hrs ago

Our own little gaggle.

William Seger

(12,057 posts)

6. "White House's efforts to rein in the cost of living"?! WHAT efforts? (nt)

Reply to groundloop (Original post)

Sun Nov 16, 2025, 05:26 PM

Yesterday

NotHardly

(2,275 posts)

7. THIS!!!

Reply to William Seger (Reply #6)

Sun Nov 16, 2025, 05:33 PM

Yesterday

lonely bird

(2,618 posts)

8. So...

Reply to groundloop (Original post)

Sun Nov 16, 2025, 06:44 PM

Yesterday

In flatiron was going to stop on day one.

No.

Inflation had been stopped.

No.

Efforts to rein in inflation will be felt next year in the first or second quarter.

Why the hell does anyone believe anything said by this maladministration?

Nigrum Cattus

(1,105 posts)

9. then in the third quarter they will say

Reply to groundloop (Original post)

Sun Nov 16, 2025, 09:03 PM

22 hrs ago

you have to re-elect us so we can really bring down
prices - prices are only going up, period - wait till
the health insurance price hikes hit

mdbl

(7,775 posts)

10. I love how Dump ruins the economy, then eases it a little then claims a big win even though it's still in the crapper.

Reply to groundloop (Original post)

Sun Nov 16, 2025, 09:05 PM

22 hrs ago

Except for the greedy asses in private equity profiting from all of this, anyone else in this country falling for this bullshit needs to have their heads examined.

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