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Wednesday, October 14, 2026
Latest News · Fox Business · October 14, 2026

Dems call Trump 'a total failure' over inflation as White House cites economic growth

Latest News FOX BUSINESS POLITIKOOL · LATEST NEWS

Fresh government data showing prices climbing faster in September has handed Democrats a midterm talking point, with Election Day less than a month away and control of both chambers of Congress at stake. The Bureau of Labor Statistics said consumer prices rose 0. 6 percent for the month, following a 0. 4 percent gain in August, and stood 3. 7 percent higher than a year earlier before seasonal adjustment. Food prices were flat in September after small increases in the two prior months, according to Fox Business.

Democratic leaders pounced. The House Democratic Caucus said Donald Trump had promised to cut costs and end inflation on his first day and had done the reverse. Representative Pete Aguilar of California, the caucus chair, and Whip Katherine Clark of Massachusetts both called the economy a failure under Republicans. Senator Chuck Schumer of New York criticized higher prices alongside a ballroom and tax cuts for billionaires. Former Transportation Secretary Pete Buttigieg blamed Trump's war, tariffs and corporate tax breaks.

A White House official told Fox News Digital that inflation is falling from its peak under Joe Biden and pointed to steady food costs.

Summarized by PolitiKool from Fox Business’s reporting. Read the full story at Fox Business →