Republican Party3. Inflation and prices

End inflation and make America affordable

“END INFLATION, AND MAKE AMERICA AFFORDABLE AGAIN”

In plan2024 Republican Platform, promise 3 of 20, sourceQuote not yet checked against its sourceVerified by Pavel Guzhikov

  1. Promised
  2. In plan
  3. Legislated
  4. Funded
  5. Delivering
  6. Delivered

Where it stands

The consumer price index for all urban consumers (CPI-U) rose 3.7% in the 12 months to September 2026 (BLS, 14 October 2026), against 3.0% in the 12 months to January 2025. The words set no figure; the Federal Reserve's longer-run goal is inflation of 2% a year, measured by a different index (PCE).

What has happened

  1. Promised. Delegates at the Republican National Convention adopt the 2024 platform, which opens with twenty promises
  2. In plan. A presidential memorandum directs all executive departments and agencies to deliver emergency price relief, including on housing, health care, food and fuel, and to report every 30 days evidence
  3. In plan. Executive Order 14360 removes certain agricultural products from the reciprocal tariffs, from 13 November 2025 evidence
  4. In plan. Executive Order 14394 directs agencies to revise wetland, stormwater, permitting and energy-code rules to lower the cost of building homes evidence
  5. In plan. Proclamation 11059 raises the 2026 tariff-rate quota for imported beef by 300,000 metric tons evidence
  6. In plan. Executive Order 14435 directs the Treasury to defer certain federal excise taxes on diesel fuel due from 5 October to 31 December 2026 evidence

More detail

Every promise in 3. Inflation and prices