Because of Trump, Americans are spending more and saving less. It’s not a “doomer view.”
Senate Committee on Appropriations · June 3, 2026
A questioner asked whether recent government data showing U.S. household saving rates near four‑year lows means families are dipping into savings to cover rising costs; a witness said low measured savings can reflect either households drawing down reserves or greater confidence, and noted retirement and investment gains may not appear in the savings metric.
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