Trump Asserts Falling Prices Despite Federal Data Showing Increase

President Donald Trump told conservative host Glenn Beck that consumer prices have dropped across the board, while blaming former President Joe Biden for inherited inflation. However, July data from the Bureau of Labor Statistics showed a 0.1% monthly increase and a 3.4% annual rise, contradicting his claim. Democrats, including Rep. Brendan Boyle, criticized the administration's economic record, citing tariffs, health care cuts, and the Iran conflict as drivers of higher costs.