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NEWS & STATEMENTS


Cost Coalition Statement: Trump’s middle class import tax is illegal.
Terry Holt and Andrew Bates, advisers for the bipartisan Cost Coalition, released the following statement after the U.S. Court of International Trade ruled that the Trump Administration's across-the-board tariffs were unlawful: "Not only are Donald Trump’s across-the-board tariffs the biggest middle class tax hike in modern history - they are also illegal. The Trump tariff Taxes are already costing American families $4,000 a year, a total violation of his promise to lower cos
May 28, 20252 min read


Trump's tariffs and tax cuts are crushing Main Street and making Mar-a-Lago elites rich
Fox News - 5/28/2025 - Trump's tariffs and tax cuts are crushing Main Street and making Mar-a-Lago elites rich As a Republican and a Democrat who worked on behalf of presidents from both parties, we agree that most people’s lives will suffer unless we stand up to higher inflation, slower growth and crippling debt.
May 27, 20251 min read


Bipartisan Cost Coalition on the House voting for an inflation-worsening tax hike on the American Dream
Cost Coalition Advisers Terry Holt and Andrew Bates released the following statement after the House vote: “Our economy is blinking red, from the Moody’s downgrade to Wal-Mart raising prices, but Congress is asleep at the wheel, creating another cost crisis that will raise prices on all Americans. Whether they’re Republicans, Democrats, or anything else, the American people are speaking with one voice, telling Washington to stop raising prices. Instead of listening, Washingto
May 21, 20251 min read


Bipartisan Cost Coalition Reacts to Moody’s Downgrade of the U.S. Economy
Cost Coalition Advisers Terry Holt and Andrew Bates released the following statement after Moody’s downgraded the U.S. economy: “It would be egregious mismanagement to follow a credit downgrade with tax giveaways to the rich that heap $3 trillion onto our national debt. After getting the keys to the best-performing economy in the world, the Trump Administration and their allies have rapidly spiked the costs they promised to lower, slapped new import taxes on the middle class,
May 15, 20251 min read


Paying More and Getting Less
MSNBC - 5/13/2025 - The Weeknight - “Paying More and Getting Less” "People are infuriated that they're paying more" & "that economic growth is going down.” When they hear millions will "lose their coverage" so "billionaires...can get a deficit-hiking tax giveaway," they're even angrier.
May 12, 20251 min read
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