Buckle up because former President Donald Trump is making waves again with a big promise that could have a massive impact on your wallet. At a rally in Asheville, North Carolina, Trump announced an ambitious plan to slash energy prices by half if he’s re-elected. That’s right—he’s aiming to cut your energy bills in half within his first 12 to 18 months back in office.
So, what’s this all about? Speaking at Harrah’s Cherokee Center, Trump laid out his vision for what he believes will help pull the U.S. out of its current economic struggles. He’s targeting energy and electricity prices, which have been a sore spot for many Americans dealing with rising costs.
Trump claimed, “We think that your energy bills will be down by 50%-70%.” That’s a bold statement, and he’s banking on it to win over voters who are feeling the pinch of inflation.
🚨 PRESIDENT TRUMP: I am announcing today that, under my leadership, the U.S. will commit to the ambitious goal of slashing energy and electricity prices by HALF — AT LEAST!
Your energy bills will be down by 50%-70%. pic.twitter.com/tiiHA2RyXT
— Trump War Room (@TrumpWarRoom) August 14, 2024
Trump didn’t just stop at energy prices, though. He also took a jab at Vice President Kamala Harris, who’s now leading the Democratic Party’s ticket. Trump warned that Harris would only make the economic crisis worse, calling her “the problem” rather than the solution. He also accused Harris of copying his ideas, like nixing taxes on tips, and said she’s waiting for him to announce his policies so she can follow suit.
In addition to slashing energy prices, Trump also floated the idea of cutting taxes on Social Security benefits for seniors. He sees this as a way to help those on fixed incomes who are struggling with the “ravages of inflation.”
And speaking of inflation, Trump has another big plan—he wants to redirect money earmarked for renewable energy projects under the Biden-Harris administration to infrastructure projects instead. He calls Harris’ environmental policies a “green new scam” and promised to give all unspent funds back to building roads and bridges.
Trump’s speech wasn’t just about energy and taxes, though. He also touched on hot-button issues like immigration and education, rallying his supporters with calls to “stop the invasion” at the border and to get “transgender insanity the hell out of our schools.”
He wrapped up his speech by reinforcing his broader election message, emphasizing common sense solutions to the rising costs of living.
