How do Trump voters feel about their finances now?
How did your country report this? Share your view in the comments.
Diverging Reports Breakdown
How do Trump voters feel about their finances now?
The Penn Wharton Budget Model found that a 40-year-old earning close to the median income would effectively lose $7,500 over the course of a lifetime if the bill became law. Oil markets are too well-supplied for price concerns to really worry investors, and strong momentum will likely keep driving stocks higher, Kathleen Brooks of XTB told Reuters. Let me know how the Trump administration’s policies are impacting you financially. Send questions to me at Lauren.young@thomsonreuters.com and I’ll tap my extensive source network and braintrust for expert advice. The Thomson Reuters Trust Principles are The Trust Principles.
Summary Tariffs impact Trump voters’ workplaces and investments
Trump’s tax cuts shift wealth from young to old, experts say
Penn Wharton model shows financial loss for younger Americans
NEW YORK, June 27 (Reuters) – This was originally published in the On The Money newsletter, where we share U.S. personal finance tips and insights every other week. Sign up here to receive it for free.
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This week Reuters rolled out a new series tracking the pulse of Americans who voted for U.S. President Donald Trump . Our coverage delves into how they feel about the president’s first 100 days in office and what is impacting their lives – and wallets – now.
Reuters will be periodically interviewing many of these same voters between now and the 2026 midterm elections to gauge their sentiments.
As always, I would love to hear from you. Let me know how the Trump administration’s policies are impacting you financially. Write to me at the email address at the bottom of this article.
TRUMP BUDGET PLAN WILL SHIFT WEALTH FROM YOUNG TO OLD, EXPERTS SAY
Though Trump’s “Big, Beautiful Bill” contains tax breaks for parents, newborns, private-school students and other younger Americans, those benefits will be outweighed by the trillions of dollars it would add to the $36.2 trillion national debt, according to nonpartisan sources.
The Penn Wharton Budget Model found that a 40-year-old earning close to the median income would effectively lose $7,500 over the course of a lifetime if the bill became law. A 70-year-old with the same income, by contrast, would end up $17,500 richer.
What aspect of Trump’s tax bill are you paying the most attention to? Let me know! (I love reader mail.)
READ, WATCH AND LISTEN
VIDEO OF THE WEEK
Oil markets are too well-supplied for price concerns to really worry investors, and strong momentum will likely keep driving stocks higher, Kathleen Brooks of XTB told Reuters as U.S. stocks hit a historic high. Watch her interview here.
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A$k Lauren
Do you need to pay down student debt? Are you considering long-term care insurance? Send questions to me at Lauren.young@thomsonreuters.com , opens new tab , and I’ll tap my extensive source network and braintrust for expert advice.
By Lauren Young; Editing by Mark Porter
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Source: https://www.reuters.com/markets/us/how-do-trump-voters-feel-about-their-finances-now-2025-06-27/