'Lying checkbooks': Kennedy warns GOP against ignoring Americans' cost-of-living pain

The GOP faced midterm challenges over the Iran war and tariffs as the conflict drove up gas prices and kept the Strait of Hormuz closed
Sen John Kennedy warned that rising living costs could hurt Republicans in the midterms and urged the party to stop misrepresenting conditions (Chip Somodevilla/Getty Images)
Sen John Kennedy warned that rising living costs could hurt Republicans in the midterms and urged the party to stop misrepresenting conditions (Chip Somodevilla/Getty Images)


WASHINGTON, DC: Senator John Kennedy, in a television interview on Sunday, October 4, warned his party that the rising cost of living for ordinary Americans might backfire in the upcoming midterm election. He also advised his party to stop lying about the real situation on the ground.

In a survey of more than 30,000 adults from across the country, a majority of Americans agree there’s a significant barrier to achieving a better life: the rising cost of living.

Sixty percent of Americans said they wanted greater financial security, according to a survey that was conducted by the McKinsey Institute for Economic Mobility and the WK Kellogg Foundation in mid-April.

John Kennedy says cost of living is top issue

Sen John Kennedy said Republicans “have to tell the American people the truth” about the cost of living as his party heads into the midterms.

Sen. John Kennedy speaks to reporters following a Republican policy luncheon at the U.S. Capitol Building on October 15, 2025 in Washington, DC. The government remains shut down after Congress failed to reach a funding deal 15 days ago. (Photo by Andrew Harnik/Getty Images)
Sen John Kennedy speaks to reporters at the US Capitol Building on October 15, 2025, in Washington, DC (Andrew Harnik/Getty Images)

“As I’ve said before, Kristen, here’s my prediction about the elections. I will bet you a soda and a nice hat that the experts are wrong. I will think — I do think it will be close,” Kennedy told NBC News’s Kristen Welker on 'Meet the Press' while discussing the upcoming midterms.

“I think the biggest issue is cost of living. I think we have to tell the American people the truth,” he added.

“Telling them not to believe their own lying checkbooks is not going to work. This inflation did not originate in a vat. It started under President Biden. It’s reared its ugly head under President Trump because of the war in Iran,” he said.

GOP is facing tough fight to save paper-thin congressional majority

The GOP is facing several political challenges as the midterm elections approach, including the Iran war and tariffs. The Iran war has also pushed up gas prices.

BUDA, TEXAS - SEPTEMBER 14: A person pumps diesel at a Pilot gas station on September 14, 2026 in Buda, Texas. Diesel prices are rising again, with the national average reaching $6.23 per gallon as of today. The ongoing conflict involving Iran and disruptions around the Strait of Hormuz continue to strain global fuel production and transportation. (Photo by Brandon Bell/Getty Images)
AAA said regular gas averaged $4.37 a gallon on Sunday versus $3.14 a year earlier (Brandon Bell/Getty Images)

According to AAA, the average price of a gallon of regular gas was about $4.37 on Sunday afternoon. At the same time last year, it was about $3.14.

“Today 6 in 10 Americans oppose the Iran war. Gas prices — enough said on gas prices. There’s an argument, if you look at history, that 2026 feels a lot like 2006,” GOP Senator Steve Daines said at the Grand Strategy Summit in Washington, earlier this week.

Multiple metrics, including historical trends, low presidential approval ratings, and recent polling numbers, indicate that Republicans are facing an uphill battle to protect their narrow majority in both chambers of Congress.

President Donald Trump arrives onstage to participate in a roundtable discussion on public safety at a Tennessee Air National Guard Base, Monday, March 23, 2026, in Memphis, Tenn. (AP Photo/Mark Schiefelbein)
President Donald Trump arrives at a Tennessee Air National Guard Base, Monday, March 23, 2026, in Memphis, Tenn (AP Photo/Mark Schiefelbein)

Trump registered only a 26% job approval rating in an Associated Press/NORC Center for Public Affairs poll of 2,140 US adults conducted from September 24 to 28.

Voters will deliver their verdict on November 3, when all 435 House seats and 35 Senate seats are on the ballot.

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