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January 20, 2025 Delivering Emergency Price Relief for American Families and Defeating the Cost-of-Living Crisis - Executive Order

Updated: Feb 20

Summary:

  • Inflation & Cost of Living: Rising costs of essential goods and services, including fuel, food, housing, automobiles, medical care, utilities, and insurance, have placed significant financial strain on families.

  • Energy Costs: Regulatory policies have contributed to increased transportation and manufacturing costs, affecting overall economic stability.

  • Housing Affordability: Regulatory requirements account for approximately 25% of the cost of constructing a new home, impacting affordability for many Americans.

  • Regulatory Burden: An estimated $50,000 in costs has been imposed on the average American household due to various regulations.

  • Policy Goals for Economic Relief:

    • Lower housing costs and expand supply.

    • Reduce administrative expenses and inefficiencies in healthcare.

    • Remove counterproductive regulations on home appliances.

    • Increase employment opportunities and workforce participation.

    • Eliminate policies that raise food and fuel costs.

  • Implementation & Oversight: A 30-day review and continuous updates will track progress on these economic relief measures.



Writer's Note: Summary made with the use of AI tools for editing and quick processing, facts checked against the order before publishing.


 
 
 

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