Leavitt says Trump is fixing Biden's 'affordability crisis' ahead of 2026 midterms

Karoline Leavitt highlighted tax cuts, deregulation and lower costs as key to the GOP's economic message before the 2026 elections
Karoline Leavitt highlighted tax cuts, deregulation, Trump Accounts and healthcare price transparency as the administration's key economic initiatives ahead of the 2026 midterms (Screengrab/Fox News)
Karoline Leavitt highlighted tax cuts, deregulation, Trump Accounts and healthcare price transparency as the administration's key economic initiatives ahead of the 2026 midterms (Screengrab/Fox News)

WASHINGTON, DC: White House Press Secretary Karoline Leavitt on Saturday, July 25, defended President Donald Trump's economic record while discussing the Republican strategy for the 2026 midterm elections, arguing that the administration has focused on addressing Americans' concerns over the cost of living since taking office.

During an interview with Lara Trump, Leavitt said the administration recognizes affordability remains a top issue for voters and attributed rising costs to the previous Biden administration. Her remarks came days after Trump himself dismissed "affordability" as a Democratic talking point while promoting his administration's economic agenda at a campaign-style rally in Georgia.

Leavitt says Trump is addressing Biden's 'affordability crisis' ahead of midterms

During the interview, Lara Trump noted that the party controlling the White House has historically faced challenges in midterm elections and pointed to the cost of living as a leading issue for voters.



"When you look at the top issue among voters right now, it seems to be the cost of living. So what steps have been taken by the White House to really address that? Because that's going to be important as we head towards November," Lara Trump asked.

Leavitt responded by arguing that the administration inherited the nation's affordability challenges from former President Joe Biden and congressional Democrats.

U.S. President Joe Biden walks out of the Oval Office to speak about the results of the 2024 election in the Rose Garden on November 07, 2024 in Washington, DC. Former President Donald Trump defeated Democratic candidate Vice President Kamala Harris. Biden pledged to work with the Trump team to ensure a smooth transition and invited the former President for an Oval Office meeting. (Photo by Andrew Harnik/Getty Images)
Joe Biden walked out of the Oval Office to address the results of the 2024 election in the Rose Garden (Andrew Harnik/Getty Images)

"Yeah. Well, the president and the White House, we fully recognize that. And I would remind your viewers and the American people of who caused the affordability crisis in this country. It was Joe Biden and it was the Democrats in this city when they were in power," she said.

Leavitt added that Trump "took immediate action on day one" through "his overall economic formula of tax cuts, deregulation, and energy dominance," saying those policies have guided the administration's economic agenda over the past year and a half.

White House press secretary Karoline Leavitt speaks with reporters in the James Brady Press Briefing Room at the White House, Thursday, July 16, 2026, in Washington. (AP Photo/Manuel Balce Ceneta)
Karoline Leavitt spoke with reporters during a White House press briefing in Washington (AP Photo/Manuel Balce Ceneta)

She also highlighted what she described as the largest middle-class tax cut in history, the creation of Trump Accounts, and healthcare price transparency initiatives, arguing that "all of these things that he is doing will only get better if given two more years with a Republican Congress."

Trump's comments on affordability preceded Leavitt's remarks

Leavitt's comments came after Trump addressed affordability during a campaign-style rally in Marietta, Georgia, on July 22, where he questioned the use of the term while defending his administration's economic record.

"They said, affordability! I said, I've been here one day. Don't worry, I'll take care of it, and we're taking care of it, you know? We're taking good care of it," Trump told supporters.



The president also argued that the word itself was politically motivated, saying, "It was a word, you know, made up by the Democrats, affordability."

During the Georgia event, Trump also maintained that prices have begun declining under his administration while attributing inflation to the Biden administration.

President Donald Trump arrives to speak in the East Room of the White House, Thursday, July 16, 2026, in Washington. (Saul Loeb/Pool via AP)
Donald Trump arrived in the East Room of the White House to deliver remarks in Washington (Saul Loeb/Pool via AP)

He pointed to lower egg prices as an example of easing costs and promoted the Trump Accounts program, a tax-advantaged savings initiative that provides federally funded investment accounts for children born between 2025 and 2028.

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