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For the average American, below are seven bills that might drop in price rather than climb.
Also,here are seven bills that are easier to negotiate than you think.
Shipping Costs
Lower fuel pricesmean lower costs to transport goods across the country.
That can boost profits and hiring of course, but it also leaves wider margins for lowering prices.
Utility Bills
Greater energy production also means lower prices for natural gas and electricity.
Austin Glanzer of717HomeBuyersowns rental properties and pays many of his renters utility bills.
Trumps previous presidency favored deregulation in the energy sector, boosting domestic oil and gas production, he said.
Renewed policies could significantly decrease electric and heating bills for Americans.
But that comes with a silver lining.
Rebell mentioned food staples in particular.
Trumps first administration prioritized deregulation and sought to lower drug prices by increasing competition andstreamlining approval processes.
Many analysts expect an even greater deregulation push this time around.
Health Insurance Premiums
The Trump Administration has vocally taken aim at reducing health insurance premiums.
Small business owner Thomas Altadonna ofPlatinum Fitnessremains optimistic on this front.
With Trump in office, reduced regulatory burdens could lower healthcare premiums, he said.
This would benefit both consumers and small businesses, who currently face steep costs for employee healthcare.
But higher revenue from tariffs and lower spending could fire up the Administration to cut individual income taxes.
David Beahm, CEO ofBlanchard and Company, said this might impact everyday Americans.
Trump has floated the idea of ending taxes for individuals earning under $150,000 annually, he said.
Will any of these lower bills for U.S. households come to pass?
Time will tell, as the Administration settles in and makes their policy positions clearer.
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