JEC Report Details Increased Spending by US Families on Gas and Essentials

The U.S. Congress Joint Economic Committee (JEC) - Minority released data on October 15, 2026, indicating that American families have spent over $4,700 more on goods and services since President Trump assumed office. The report also estimates an additional $101 billion collective expenditure on gas since the start of the Iran War, highlighting significant financial impacts on households. This data points to increased cost-of-living pressures for consumers.