Trump says inflation has cost households $28,000. Is that true? (1 Viewer)

[Politics - CBSNews.com]

Former President Donald Trump regularly criticizes President Biden and Vice President Kamala Harris over what inflation is costing families, citing one figure in particular.

At a Las Vegas rally on Sept. 13, Trump blamed Harris for causing "the worst inflation in American history, costing us and the typical family $28,000." He also highlighted the $28,000 figure at recent rallies in Wisconsin, Pennsylvania and Arizona.

Under President Biden, year-over-year inflation — or the pace of price increases — peaked at 9.1% in June 2022, the highest...

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