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Thehigher cost of just about everything has meant less money in the pocket of the average American.
However,USA Factsreported that more Americans feel their financial situation is getting worse.
From 2015 to 2021, more Americans felt their financial situations were improving rather than worsening.
However, in 2022 and 2023, Americans felt the opposite.
Apossible Harris administration or Trump administrationwill have various financial implications for Americans.
By contrast, expanding access to universal healthcare isnt an initiative that the Trump campaign has focused on specifically.
A possible Harris administration will likely further these initiatives, which could benefit average American families.
Housing Could Become More Affordable
The Biden administration recently introduced the Biden-Harris Housing plan.
The plan also proposes a 5% per year cap on rent increases for current units.
An increase in the housing supply combined with rent controls could decrease housing costs across the board.
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