Trump's Electricity Price Cut Vows Prove Unfulfilled Amid Rapid Rate of Increases
President Donald Trump's promise to halve electricity prices has been forgotten as they are rising twice as fast as inflation, contrary to his 2020 campaign vow. The swift price cuts he had initially promised were nowhere in sight.
President Donald Trump's pledge to halve electricity prices has been largely unfulfilled as prices are rising twice as fast as inflation, a stark contrast to his 2016 campaign promise. The rate hike comes despite efforts by his administration to ease energy costs for consumers. Trump's promise was made last summer on the campaign trail as he sought to win over voters with lower energy bills. The failure to meet this promise has highlighted the challenges of implementing significant policy changes during an economic downturn.