{"id":143218,"date":"2026-08-18T10:34:29","date_gmt":"2026-08-18T14:34:29","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/trumps-affordability-plan-faces-conservative-pushback-as-pocketbook-issues-loom-over-midterms-143218"},"modified":"2026-08-18T10:34:29","modified_gmt":"2026-08-18T14:34:29","slug":"trumps-affordability-plan-faces-conservative-pushback-as-pocketbook-issues-loom-over-midterms","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/trumps-affordability-plan-faces-conservative-pushback-as-pocketbook-issues-loom-over-midterms-143218","title":{"rendered":"Trump\u2019s affordability plan faces conservative pushback as pocketbook issues loom over midterms"},"content":{"rendered":"<div>\n<p><strong>FIRST ON FOX<\/strong>: As Americans grapple with soaring housing, food and energy costs, both parties are racing to convince voters they have the answer to the affordability crunch ahead of the high-stakes midterm elections.<\/p>\n<p>A new report from the conservative group founded by former Vice President\u00a0<a href=\"https:\/\/www.foxnews.com\/category\/person\/mike-pence\" target=\"_blank\" rel=\"noopener\">Mike Pence<\/a> lays out 10 proposals aimed at lowering costs by cutting red tape and expanding production across the economy.<\/p>\n<p>&#8220;Yes, there&#8217;s an unaffordability crisis and it&#8217;s the government&#8217;s fault,&#8221; Richard Stern, vice president of the Plymouth Institute for Free Enterprise at Advancing American Freedom, told Fox News Digital.<\/p>\n<p>That argument is at the heart of the report, &#8220;10 Ways to Improve Affordability Now Across 10 Levels of the Economy,&#8221; which calls affordability the &#8220;No. 1 issue facing the American people&#8221; and targets costs associated with housing, energy and business, among others.<\/p>\n<p><a href=\"https:\/\/www.foxnews.com\/politics\/think-your-state-expensive-new-data-reveals-where-americans-face-highest-cost-of-living\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>THINK YOUR STATE IS EXPENSIVE? NEW DATA REVEALS WHERE AMERICANS FACE THE HIGHEST COST OF LIVING<\/strong><\/a><\/p>\n<p>Its proposals in the report range from easing zoning restrictions and <a href=\"https:\/\/foxnews.com\/politics\/trumps-ambitious-energy-bet-winning-hand-world-burns-more-oil-gas-than-ever\" target=\"_blank\" rel=\"noopener noreferrer\">expanding oil and gas access<\/a> to overhauling Social Security and SNAP eligibility, echoing parts of President Donald Trump\u2019s second-term agenda.<\/p>\n<p>But the conservative blueprint breaks with Trump on two key pocketbook issues: tariffs and credit card interest rates.<\/p>\n<p>On trade, the report argues Trump\u2019s sweeping tariffs have come at a cost to American consumers and the broader economy by raising prices, straining U.S. alliances and <a href=\"https:\/\/foxnews.com\/politics\/trump-bet-tariffs-would-bring-back-american-factory-jobs-new-report-says-didnt-work\" target=\"_blank\" rel=\"noopener noreferrer\">resulting in nearly 900,000 fewer jobs than expected<\/a>.<\/p>\n<p>The authors at Advancing American Freedom (AAF) call for shifting more tariff authority back to Congress.<\/p>\n<p><a href=\"https:\/\/www.foxnews.com\/politics\/trump-expanded-tariff-playbook-powerful-trade-weapon-no-president-used\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>TRUMP JUST EXPANDED HIS TARIFF PLAYBOOK WITH A POWERFUL TRADE WEAPON NO PRESIDENT HAS EVER USED<\/strong><\/a><\/p>\n<p>If nothing else, <a href=\"https:\/\/www.foxnews.com\/category\/person\/donald-trump\" target=\"_blank\" rel=\"noopener noreferrer\">Trump&#8217;s tariffs<\/a> proved to be a windfall for Washington.<\/p>\n<p>In January alone, duties totaled $30.4 billion, that&#8217;s up about 242% from $8.9 billion a year earlier, according to Treasury data.<\/p>\n<p>The report also opposes Trump\u2019s proposed 10% cap on credit card interest rates, warning it could make lending to roughly 60% of Americans unprofitable. Stern framed the broader affordability debate as a question of whether Americans can still build a better future for their families as many see hopes of living the American dream slipping from their fingers.<\/p>\n<p>Housing and energy, he said, are two areas where rising costs have put &#8220;a sharper edge on this question of affordability.&#8221; Stern blamed zoning restrictions for pushing families farther from jobs and making homeownership harder for younger Americans.<\/p>\n<p>Those costs can be substantial. The National Association of Home Builders estimates <a href=\"https:\/\/www.foxnews.com\/politics\/surprising-hidden-cost-quietly-adding-nearly-132k-new-home-prices-revealed\" target=\"_blank\" rel=\"noopener noreferrer\">government regulations account for about 26% of the price<\/a> of a new single-family home.<\/p>\n<p>The report recommends limiting local zoning restrictions, streamlining approval for projects that meet existing rules and tying roughly $50 billion in annual federal housing aid to zoning reform.<\/p>\n<p><a href=\"https:\/\/www.foxnews.com\/politics\/surprising-hidden-cost-quietly-adding-nearly-132k-new-home-prices-revealed\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>THE SURPRISING HIDDEN COST QUIETLY ADDING NEARLY $132K TO NEW HOME PRICES REVEALED<\/strong><\/a><\/p>\n<p>On energy, the proposal calls for more oil and gas leasing and rejecting state fracking bans. Stern argued greater domestic production could lower costs throughout the economy because energy touches &#8220;every good we move, every service provided.&#8221;<\/p>\n<p>Stern warned that economic frustration can turn Americans against one another, toward &#8220;viewing each other as the enemy, and that\u2019s what socialism is.&#8221;<\/p>\n<p>&#8220;I hope that people can take away from this, that it&#8217;s not businesses that are the problem,&#8221; he said. &#8220;It&#8217;s not entrepreneurs. It&#8217;s not other Americans. It&#8217;s government.&#8221;<\/p>\n<\/div>\n<p><a href=\"https:\/\/www.foxnews.com\/politics\/trumps-affordability-plan-faces-conservative-pushback-pocketbook-issues-loom-midterms\">Source &#8211; https:\/\/www.foxnews.com\/politics\/trumps-affordability-plan-faces-conservative-pushback-pocketbook-issues-loom-midterms <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>FIRST ON FOX: As Americans grapple with soaring housing, food and energy costs, both parties are racing to convince voters they have the answer to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[16563],"tags":[],"stock_ticker":[],"class_list":["post-143218","post","type-post","status-publish","format-standard","hentry","category-market-news","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - 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