{"id":1053920,"date":"2025-07-04T09:35:47","date_gmt":"2025-07-04T13:35:47","guid":{"rendered":"https:\/\/democrats.org\/?p=1053920"},"modified":"2025-07-04T09:35:48","modified_gmt":"2025-07-04T13:35:48","slug":"trump-is-putting-the-american-dream-out-of-reach","status":"publish","type":"post","link":"https:\/\/democrats.org\/news\/trump-is-putting-the-american-dream-out-of-reach\/","title":{"rendered":"Trump is Putting the American Dream Out of Reach"},"content":{"rendered":"\n<p><strong>MEMORANDUM<\/strong><br>TO: Interested Parties<br>FROM: DNC War Room<br>DATE: July 4th, 2025<br>RE: Trump is Putting the American Dream Out of Reach\u00a0<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p>Donald Trump promised Americans that he would usher in a <a href=\"https:\/\/www.nbcnews.com\/politics\/donald-trump\/trump-heralds-golden-age-promise-filled-inaugural-address-rcna186498\">\u201cgolden age\u201d<\/a> and put \u201cAmerica first.\u201d But in the 165 days since he took office, Donald Trump has worked day (and night) to kill the American dream for working families across the country while enriching himself, his family, and his billionaire friends.&nbsp;<\/p>\n\n\n\n<p>Now, Trump\u2019s Billionaire Bill, the administration\u2019s signature legislation, will actively funnel money from the poorest Americans into the pockets of the richest while decimating the very programs working families, children, and seniors rely on.&nbsp;<\/p>\n\n\n\n<p><strong>America should be the land of opportunity but under Donald Trump, the American dream is <\/strong><a href=\"https:\/\/www.cnn.com\/2025\/06\/02\/politics\/age-divide-cnn-poll-republicans-democrats\"><strong>dying<\/strong><\/a><strong>. <\/strong>Prices are rising.<strong> <\/strong>Hundreds of thousands of Americans have <a href=\"https:\/\/www.challengergray.com\/blog\/june-2025-companies-announce-virtually-the-same-number-of-cuts-as-last-year-highest-q2-ytd-cuts-since-2020\/\">lost<\/a> their jobs. Small businesses are suffering. The safety net was just gutted with historic cuts to Medicaid and food assistance. The American dream of owning a home is leaping further and further out of reach for millions of hardworking families. It has become drastically harder for Americans to just survive and get by \u2014 let alone get ahead.<\/p>\n\n\n\n<p><strong>Let\u2019s be clear: The Trump administration has taken aim at the very things that make America the greatest country in the world.<\/strong> Americans are overwhelmingly rejecting his agenda, rife with <a href=\"https:\/\/www.newsweek.com\/donald-trump-approval-rating-update-polls-republicans-2094154\">buyers\u2019 remorse<\/a>. Democrats are standing with the American people, organizing everywhere, and fighting back \u2014 in Congress, in the courts, and on the ground in states across the country.&nbsp;<\/p>\n\n\n\n<p><strong>On July 4th, Trump has eviscerated the American Dream:<\/strong><\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>Shredding the American Safety Net<\/li>\n\n\n\n<li>Rising Prices<\/li>\n\n\n\n<li>Job Losses and Shuttering Small Businesses<\/li>\n\n\n\n<li>Homeownership Out of Reach<\/li>\n\n\n\n<li>Slashing Educational Opportunities<\/li>\n<\/ol>\n\n\n\n<p><strong>Shredding the American Safety Net&nbsp;<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Trump and the GOP are ripping away health care from <a href=\"https:\/\/www.cbpp.org\/press\/statements\/senate-republicans-can-still-abandon-disastrous-rushed-reconciliation-bill\">17 million<\/a> Americans through <a href=\"https:\/\/www.nytimes.com\/2025\/06\/29\/us\/politics\/trump-policy-bill-health-insurance-cuts.html\">over $1 trillion<\/a> in cuts to Medicaid, Medicare, and the Affordable Care Act \u2014 including the <a href=\"https:\/\/democrats.org\/news\/%F0%9F%9A%A8trumps-budget-makes-the-largest-cut-to-medicaid-in-history\/\">largest<\/a> cut to Medicaid in American history\u00a0<\/li>\n\n\n\n<li>Trump and the GOP are putting <a href=\"https:\/\/www.markey.senate.gov\/news\/press-releases\/markey-leader-schumer-wyden-merkley-release-data-detailing-hundreds-of-rural-hospitals-across-us-at-risk-due-to-republican-health-care-cuts\">over 300 rural hospitals <\/a>at risk of shutting down, ripping away critical, lifesaving care from hundreds of rural communities across the country\u00a0\u00a0<\/li>\n\n\n\n<li>Trump and the GOP are forcing at least <a href=\"https:\/\/x.com\/jessefferguson\/status\/1938781263072239986?s=12\">1 in 4<\/a> nursing homes to close their doors\u00a0<\/li>\n\n\n\n<li>Trump and the GOP are forcing roughly <a href=\"https:\/\/www.cbpp.org\/research\/food-assistance\/senate-agriculture-committees-revised-work-requirement-would-risk-taking\">5 million<\/a> Americans to go hungry \u2014 about 1 in 8 SNAP participants \u2014 with the <a href=\"https:\/\/www.americanprogress.org\/article\/the-one-big-beautiful-bills-snap-cuts-would-strain-food-banks-amid-rising-food-insecurity\/#:~:text=The%20Senate%20has%20released%20its,levels%20not%20seen%20since%202014.\">largest<\/a> cuts to food assistance in history.\u00a0<\/li>\n\n\n\n<li>Over <a href=\"https:\/\/www.cbpp.org\/research\/food-assistance\/by-the-numbers-senate-republican-leaderships-reconciliation-bill-takes\">1 million<\/a> children will see their food assistance threatened by Trump and the GOP\u2019s cuts.\u00a0<\/li>\n<\/ul>\n\n\n\n<p><strong>Rising Prices<\/strong><\/p>\n\n\n\n<p>\ud83d\ude97 Trump\u2019s failing economic agenda is already driving car prices up by almost <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-06-19\/auto-tariffs-seen-hiking-car-prices-by-nearly-2-000-per-vehicle?srnd=phx-trump-second-term\">$2,000<\/a> per vehicle.<\/p>\n\n\n\n<p>\ud83d\udd0c Nearly 60 utility providers are trying to raise electric bills by <a href=\"https:\/\/www.americanprogress.org\/article\/with-americans-facing-utility-bill-increases-this-year-the-one-big-beautiful-bill-act-threatens-to-drive-costs-even-higher\/\">$38.3 billion<\/a> and gas bills by <a href=\"https:\/\/www.americanprogress.org\/article\/with-americans-facing-utility-bill-increases-this-year-the-one-big-beautiful-bill-act-threatens-to-drive-costs-even-higher\/\">$3.5 billion<\/a> \u2014 forcing tens of millions of Americans to shoulder higher costs.&nbsp;<\/p>\n\n\n\n<p>\ud83e\ude7a Health insurance providers are <a href=\"https:\/\/www.axios.com\/2025\/06\/18\/tariffs-health-insurance-premium-hikes\">raising premiums<\/a> in response to Trump\u2019s chaotic economic agenda.&nbsp;<\/p>\n\n\n\n<p>\ud83d\udc8a Prescription drug prices are expected to <a href=\"https:\/\/www.axios.com\/2025\/06\/18\/tariffs-health-insurance-premium-hikes\">rise<\/a> under Trump\u2019s disastrous economic agenda.&nbsp;<\/p>\n\n\n\n<p>\ud83e\uddfa Washing machines, fridges, ovens, and other household goods are expected to get more <a href=\"https:\/\/www.ft.com\/content\/d6d3f14a-a240-404d-a5a9-a6b045186892\">expensive<\/a> because of Trump.&nbsp;<\/p>\n\n\n\n<p><strong>\ud83e\uddf8<\/strong> Toy prices are <a href=\"https:\/\/www.washingtonpost.com\/business\/2025\/06\/24\/toy-prices-tariffs-inflation\/\">skyrocketing<\/a> at the fastest pace on record, while games and playground equipment jumped 2.2% just between April and May.<\/p>\n\n\n\n<p>\ud83d\udc8d Some consumers have been forced to <a href=\"https:\/\/www.npr.org\/2025\/06\/24\/nx-s1-5436070\/even-bridal-gowns-fall-victim-to-tariffs\">pay<\/a> as much as 10-15% in surcharges for their wedding dress.<\/p>\n\n\n\n<p><strong>Job Losses and Shuttering Small Businesses&nbsp;<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Trump\u2019s billionaire-first agenda eliminates <a href=\"https:\/\/www.commonwealthfund.org\/publications\/issue-briefs\/2025\/jun\/how-medicaid-snap-cutbacks-one-big-beautiful-bill-trigger-job-losses-states\">1.2 million<\/a> jobs by 2029 \u2014 predominantly in health care and food-related sectors \u2014 through cuts to SNAP and Medicaid.<\/li>\n\n\n\n<li>Trump\u2019s budget also slashes <a href=\"https:\/\/x.com\/NABTU\/status\/1939138550169035002\">1.75 million<\/a> construction jobs \u2014 with unions warning, <a href=\"https:\/\/x.com\/NABTU\/status\/1939138550169035002\">\u201cthis stands to be the biggest job-killing bill in the history of the country.\u201d<\/a><\/li>\n\n\n\n<li>Trump\u2019s budget will slash <a href=\"https:\/\/www.bluegreenalliance.org\/resources\/senate-budget-proposal-drastically-rolls-back-manufacturing-tax-credits-slashes-funding-for-clean-energy-and-jobs\/\">2 million<\/a> clean energy jobs.<\/li>\n\n\n\n<li>Since January, Trump has already cancelled <a href=\"https:\/\/www.eenews.net\/articles\/clean-energy-project-cancellations-surged-to-1-4b-in-may-2\/\">$15.5 billion<\/a> in clean energy investment, killing <a href=\"https:\/\/e2.org\/releases\/may-25-clean-economy-works\/\">12,000<\/a> jobs.<\/li>\n\n\n\n<li>Trump suspended job corps centers, kicking <a href=\"https:\/\/www.citizensvoice.com\/2025\/05\/30\/labor-department-to-shutter-local-job-corps-centers\/\">25,000<\/a> low-income students out of job training programs, with some now facing <a href=\"https:\/\/www.fox9.com\/news\/st-paul-jobs-corps-students-move-out-face-homelessness\">homelessness<\/a><strong>.\u00a0<\/strong><\/li>\n\n\n\n<li>Trump gutted the Minority Business Development Agency \u2014 which had provided businesses over <a href=\"https:\/\/www.nytimes.com\/2025\/04\/01\/us\/politics\/minority-business-development-agency-trump.html\">$1.5 billion<\/a> in funding and <a href=\"https:\/\/www.nytimes.com\/2025\/04\/01\/us\/politics\/minority-business-development-agency-trump.html\">23,000<\/a> jobs last fiscal year alone.\u00a0<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Trump <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-04-07\/trump-order-on-cdfi-fund-puts-small-businesses-and-affordable-housing-at-risk\">eliminated<\/a> the Community Development Financial Institution programs that provide private capital for small businesses, especially rural ones.\u00a0<\/li>\n\n\n\n<li>Trump has <a href=\"https:\/\/www.nytimes.com\/2025\/05\/23\/business\/economy\/trump-small-business-administration.html\">slashed<\/a> the Small Business Administration, making it increasingly difficult for small businesses to access critical capital and for Americans to start their own small businesses.\u00a0<\/li>\n<\/ul>\n\n\n\n<p><strong>Homeownership Out of Reach<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Trump froze <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-03-25\/affordable-housing-renovations-stalled-by-blocked-trump-administration-grants?srnd=undefined&amp;sref=p6BhGudo\">$1.4 billion<\/a> in funding to renovate and preserve affordable housing \u2014 risking kicking millions of Americans out of their homes across the country.\u00a0<\/li>\n\n\n\n<li>Trump ended the Emergency Housing Vouchers Initiative, pushing <a href=\"https:\/\/www.washingtonpost.com\/nation\/2025\/05\/13\/covid-federal-housing-vouchers-end\/\">60,000 <\/a>people into homelessness.\u00a0<\/li>\n\n\n\n<li>Trump\u2019s 2026 budget proposes eliminating <a href=\"https:\/\/www.whitehouse.gov\/wp-content\/uploads\/2025\/05\/Fiscal-Year-2026-Discretionary-Budget-Request.pdf\">$1.3 billion<\/a> in HOME investment partnership programs that help state and local governments build housing.\u00a0<\/li>\n\n\n\n<li>Trump proposed slashing nearly <a href=\"https:\/\/nlihc.org\/resource\/trump-administration-releases-additional-details-fy26-budget-request-slashing-hud-rental\">$27 billion<\/a> from rental assistance \u2014 an <a href=\"https:\/\/nlihc.org\/resource\/trump-administration-releases-additional-details-fy26-budget-request-slashing-hud-rental\">unprecedented<\/a> 44% cut \u2014\u00a0 leaving over <a href=\"https:\/\/www.cbpp.org\/research\/housing\/federal-rental-assistance-fact-sheets#US\">10 million<\/a> Americans at risk for homelessness.\u00a0<\/li>\n\n\n\n<li>Trump is adding bureaucratic red tape and <a href=\"https:\/\/www.npr.org\/2025\/06\/04\/nx-s1-5422410\/housing-rent-assistance-time-limits-work-requirements-hud\">barriers<\/a> to rental assistance that are proven to be <a href=\"https:\/\/www.npr.org\/2025\/06\/04\/nx-s1-5422410\/housing-rent-assistance-time-limits-work-requirements-hud\">ineffective<\/a> while cutting millions off from assistance.\u00a0<\/li>\n<\/ul>\n\n\n\n<p><strong>Slashing Educational Opportunities&nbsp;<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Trump withheld <a href=\"https:\/\/www.nytimes.com\/2025\/07\/01\/us\/trump-education-funds.html\">$7 billion<\/a> from K-12 schools \u2014 depriving schools of after-school, English learning, teacher training, and other critical programs.\u00a0<\/li>\n\n\n\n<li>Trump <a href=\"https:\/\/www.nydailynews.com\/2025\/04\/05\/nycs-regional-head-start-office-shuttered-as-part-of-trump-admins-health-cuts\/\">slashed<\/a> Head Start funding and <a href=\"https:\/\/www.chicagotribune.com\/2025\/04\/06\/shutdown-of-regional-head-start-offices-creates-confusion-but-feds-say-funding-will-continue\/\">shut down<\/a> regional offices, undermining early childhood education for millions of low-income children.\u00a0<\/li>\n\n\n\n<li>Trump proposed <a href=\"https:\/\/www.nytimes.com\/2025\/05\/02\/us\/politics\/trump-budget-education-cuts.html\">$1.6 billion<\/a> in cuts to programs supporting low-income students and preparing them for college \u2014 programs which had a successful <a href=\"https:\/\/www.americanprogress.org\/article\/investing-in-gear-up-to-advance-college-and-career-readiness-pathways-to-success\/#:~:text=GEAR%2520UP%2520and%2520TRIO%2520programs&amp;text=These%2520programs%2520provide%2520targeted%2520college,to%2520students%2520from%2520underresourced%2520backgrounds.\">track record<\/a> of raising GPAs, graduation rates, and college enrollment.\u00a0<\/li>\n\n\n\n<li>Trump proposed eliminating nearly <a href=\"https:\/\/www.highereddive.com\/news\/trumps-fy26-budget-plan-slashes-education-department-programs\/747060\/#:~:text=Trump's%2520proposal%2520would%2520also%2520eliminate,be%2520cut%2520under%2520Trump's%2520budget.\">$1 billion<\/a> in financial aid for students with \u201cexceptional financial need.\u201d\u00a0<\/li>\n\n\n\n<li>Trump and the GOP\u2019s billionaire-first budget will <a href=\"https:\/\/www.washingtonpost.com\/education\/2025\/05\/17\/pell-grant-cuts-house-budget-bill\/\">slash Pell Grants<\/a>, forcing low-income students to shoulder more of their educational costs and drown in loans.\u00a0<\/li>\n\n\n\n<li>Trump\u2019s proposed slashing the maximum Pell Grant by <a href=\"https:\/\/www.nytimes.com\/2025\/05\/30\/us\/politics\/white-house-budget-trump.html\">$1,600<\/a> while college continues to get more <a href=\"https:\/\/www.usnews.com\/education\/best-colleges\/paying-for-college\/articles\/see-20-years-of-tuition-growth-at-national-universities\">expensive<\/a>.\u00a0<\/li>\n\n\n\n<li>Trump proposed <a href=\"https:\/\/theintercept.com\/2025\/05\/28\/trump-aid-student-parents-college-child-care\/\">eliminating<\/a> the <em>only <\/em>child care program that exists exclusively to help low-income parents attend school.\u00a0<\/li>\n\n\n\n<li>Trump and the GOP\u2019s budget will kick <a href=\"https:\/\/www.axios.com\/2025\/07\/02\/student-loans-house-big-beautiful-bill\">8 million<\/a> federal loan holders off their SAVE plans.\u00a0<\/li>\n\n\n\n<li>Trump and the GOP\u2019s budget includes a <a href=\"https:\/\/www.axios.com\/2025\/07\/02\/student-loans-house-big-beautiful-bill\">lifetime cap<\/a> on graduate student loans for law school and medical school, putting these degrees out of reach for students who cannot afford to pay out of pocket.\u00a0<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>MEMORANDUMTO: Interested PartiesFROM: DNC War RoomDATE: July 4th, 2025RE: Trump is Putting the American Dream Out of Reach\u00a0 Donald Trump promised Americans that he would usher in a \u201cgolden age\u201d and put \u201cAmerica first.\u201d But in the 165 days since he took office, Donald Trump has worked day (and night) to kill the American dream [&hellip;]<\/p>\n","protected":false},"author":292,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1053920","post","type-post","status-publish","format-standard","hentry","category-press-release"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Trump is Putting the American Dream Out of Reach - Democrats<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/democrats.org\/news\/trump-is-putting-the-american-dream-out-of-reach\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:site_name\" 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