Trump Action Archive

Supporting reports

• Trump administration implements Snap cuts through cost-shifting and expanded work requirements — The Trump administration has enacted changes to the Supplemental Nutrition Assistance Program (Snap) that shift 75% of administrative costs to states beginning in 2027 (up from 50% federal cost-sharing) and require states to cover some multibillion-dollar benefit costs from 2028 onward. Expanded work reporting requirements and restrictions on non-citizen eligibility accompany these changes. Analysis by the Urban Institute projects 22.3 million US families will lose some or all Snap benefits. States including New York face budget impacts exceeding $1 billion, raising fears of further program cuts at the state level.

Supporting reports

• Bureau of Labor Statistics reported Producer Price Index jumped 0.9% in July — The Bureau of Labor Statistics reported that the Producer Price Index—wholesale costs that typically appear later in consumer prices—jumped 0.9% in July, the largest jump since June 2022 during post-pandemic inflation. Wholesale vegetable prices jumped 38.9% in July.
• July jobs report shows 73,000 jobs added; May and June figures revised downward by 258,000 combined — The Bureau of Labor Statistics released the July employment report showing only 73,000 jobs added, well below estimates. Prior months were revised sharply lower: June fell from 147,000 to a lower figure, and May was revised down by 125,000, for a combined downward revision of 258,000 jobs. The unemployment rate rose to 4.2%. Health care and social assistance accounted for approximately 94% of job growth, with most other sectors showing weakness or contraction.