Critics of Trump establish a fresh coalition to highlight escalating expenses
TLDR: A bipartisan group, the Cost Coalition, is gearing up to criticize President Trump's economic policies, notably his tariffs and potential tax cuts for the wealthy. They plan to use advertising, social media, press interviews, and events to get their message across before key elections in Virginia, New Jersey, and Pennsylvania. With Trump's focus on immigration, culture wars, and political adversaries, the Cost Coalition aims to highlight his impact on the economy. The group consists of experienced political operatives, including former advisers to President George W. Bush, former House Speaker John Boehner, and former President Joe Biden.
Additional Insights
While the Cost Coalition has not revealed their funding sources, they have secured "seed contributions" from donors spanning both parties. The group operates under the American Values Alliance, allowing them to maintain some confidentiality in their funding.
The Cost Coalition's goals align with those of other coalitions that have recently emerged to challenge Trump's economic policies. For instance, the New Democrat Coalition filed a protest against Trump's tariffs, citing concerns about job losses, inflation, and economic slowdowns. The coalition, consisting of centrist Democrats, argues that the tariffs create supply chain disruptions, raise import costs, and destabilize global trade.
Attorney General Neronha's 18-state coalition, while focusing on energy policy, embodies broader opposition to Trump-era regulatory actions. This coalition could potentially join forces with the Cost Coalition to press for trade policy reforms.
Economic analysts, such as those from UBS, have expressed concerns that Trump's policies have already negatively impacted the equity markets and raised growth concerns. It remains to be seen whether the Cost Coalition's efforts will lead to changes in Trump's economic strategy.
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- The Cost Coalition, a bipartisan group consisting of experienced political operatives, is set to criticize President Trump's economic policies, including his tariffs and potential tax cuts for the wealthy.
- The group, which includes former advisers to Presidents George W. Bush, John Boehner, and Joe Biden, plans to use advertising, social media, press interviews, and events to highlight Trump's impact on the economy before key elections.
- While the funding sources of the Cost Coalition remain undisclosed, they have secured "seed contributions" from donors across party lines.
- The Cost Coalition's goals align with those of other coalitions, such as the New Democrat Coalition, which has protested against Trump's tariffs due to concerns about job losses, inflation, and economic slowdowns.
- Attorney General Neronha's 18-state coalition, while focusing on energy policy, embodies broader opposition to Trump-era regulatory actions and could potentially join forces with the Cost Coalition to press for trade policy reforms.
- Economic analysts have expressed concerns about the negative impact of Trump's policies on the equity markets and growth, and it remains to be seen whether the Cost Coalition's efforts will lead to changes in Trump's economic strategy. Meanwhile, other general news topics include plans for an air-traffic overhaul following security concerns at Newark Liberty International Airport, Rite Aid's return to bankruptcy protection as it seeks to sell most assets, and the internet's farewell to Skype, a popular web communications tool.

