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Wyden bill would set federal jobless benefit minimums and add a gig worker allowance CNBC poll: Trump's 2024 coalition weakens among Latino, young and Black voters Trump rallies in Mississippi for Hyde-Smith as Democrat Colom challenges her Senate seat Voters blame Trump's tariffs and Iran war for prices, putting GOP at risk Nov. 3 Tina Peters' lawyer plans U.S. Supreme Court appeal as her seven convictions stand Zelensky says Ukraine has waited nearly a month for Hegseth to OK Patriot missiles VA brings Oracle records system to Cleveland, Anchorage as deal swells to $27 billion Six citizens sue Trump, saying White House press bans cheat the public of news On tape: When opponents use lies, fear, and division, they may even target your name or faith. On tape: When questioned about his allegiance, Mike Rogers denied any ties to the Muslim Brotherhood. Wyden bill would set federal jobless benefit minimums and add a gig worker allowance CNBC poll: Trump's 2024 coalition weakens among Latino, young and Black voters Trump rallies in Mississippi for Hyde-Smith as Democrat Colom challenges her Senate seat Voters blame Trump's tariffs and Iran war for prices, putting GOP at risk Nov. 3 Tina Peters' lawyer plans U.S. Supreme Court appeal as her seven convictions stand Zelensky says Ukraine has waited nearly a month for Hegseth to OK Patriot missiles VA brings Oracle records system to Cleveland, Anchorage as deal swells to $27 billion Six citizens sue Trump, saying White House press bans cheat the public of news On tape: When opponents use lies, fear, and division, they may even target your name or faith. On tape: When questioned about his allegiance, Mike Rogers denied any ties to the Muslim Brotherhood.

Midterms 2026 · Report · File No. 261026-362

Voters blame Trump's tariffs and Iran war for prices, putting GOP at risk Nov. 3

A week before the midterms, voters say fuel, groceries and rent cost more, and many blame Trump's tariffs and the Iran war. Inflation reached 3.7% last month, which matters most to people on fixed incomes.

Every quote in this story (2) was matched word for word against its source. How we work

Donald Trump
Donald Trump. Photo: Daniel Torok, Public domain

One week before the Nov. 3 midterm elections, rising prices are hurting Republicans. Voters say they are struggling to afford fuel and groceries, and they blame President Donald Trump's tariffs and the unpopular war with Iran, according to The Associated Press 1.

Filling up a basic Ford F-150 truck now costs about $100, up $30 from a year ago. Over the past 12 months, consumer prices have risen faster than paychecks 1. Inflation was 3% when Trump took office and reached 3.7% last month 1.

On tapeCBS News · Oct 24
Oct. 24: Small businesses describe struggling with inflation amid Trump tariffs ahead of midterms.Video: CBS News on YouTube, “Small businesses struggling with inflation amid Trump tariffs ahead of midterms”. It plays from YouTube when you press play.

What Trump says

Trump says the country has entered an economic golden age. He has also dismissed the word affordability as a con job by Democrats 1. He says interest rates and oil prices will fall once the Iran war, which he started, ends 1. He has claimed inflation is under 2% and under control, which does not match the 3.7% figure 1.

Trump promised in 2024 to bring down costs. "With your vote in this election, I will end inflation," he said 1.

From Channel GOPTrump's failures cost Americans more than everJon Ossoff · 136 plays · captioned, with the source named

What voters say

Record-high diesel prices have raised shipping and farming costs. That is causing trouble for Republicans in usually conservative states such as Iowa, Kansas, Ohio and Texas, where Democrats look unusually competitive 1.

Misty Reeder, 48, of Easley, South Carolina, receives disability payments and picked all Democrats on her ballot. She said rent on her home has risen by hundreds of dollars in six years 1. Beti Rosales, who runs a Mexican restaurant in Allentown, Pennsylvania, gave Trump a chance two years ago. "The reality now is that it actually didn't get better," she said 1.

Not everyone agrees. Sandra Capell, 69, voted Republican but wants change. Renee Blood, 57, of Round Rock, Texas, says the economy has "improved quite well" and plans to vote Republican 1.

The Democratic pitch and a Republican warning

Democrats are using the cost of living against vulnerable Republicans. Georgia Sen. Jon Ossoff said Trump promised to lower prices on Day One, but now "it costs more than ever in American history to fill up your truck, stock your fridge, visit the doctor or power your home" 1.

Stephen Moore, a former Trump economic adviser, also sees the danger. "Republicans may pay a high price for that," he said of the Iran situation's effect on the economy 1.

What is at stake

Republicans hold a narrow House majority, and Democrats need a net gain of four seats to take control. In the Senate, Republicans hold 53 seats, and Democrats need to gain four for a majority 2.

The president's party has lost House seats in 18 of the past 20 midterm elections, going back to 1946 2. The RealClearPolitics average of national polls showed Democrats leading by 8.2 points in early October 2.

That matters because history and polls are only part of the story. Only about 40 to 50 House races are truly competitive, Reuters has estimated, so a national mood may not translate directly into seats 2. Voting ends Tuesday, Nov. 3.

The Record

  1. Trump won the presidency after promising to end inflation and lower gasoline prices 1.
  2. Inflation reached 3.7% in September, up from 3% when Trump took office 1.
  3. One week before the midterms, voters cite gas, grocery and rent costs and blame tariffs and the Iran war 1.

Sources

  1. PBS NewsHour (AP), “Trump promised to stop inflation. Now Republicans may pay the price in the midterm elections” (2026-10-26). pbs.org/newshour/politics/trump-promised-to-stop-inflation-n
  2. The Guardian, “What are the US midterm elections and why do they matter?” (2026-10-26). theguardian.com/us-news/2026/oct/26/what-are-midterm-electio

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