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CNBC·Business & FinanceWhat To Expect From Trump’s State Of The Union Address
TL;DR
Trump will use this State of the Union to recover politically, focusing on economy and costs while facing low poll numbers.
Key Points
- 1.Economic focus: Trump is expected to address rising costs of healthcare, housing, groceries, and prescription drugs (via his TrumpRx platform), plus populist measures like capping credit card interest and blocking large financial groups from buying homes.
- 2.Political backdrop: Trump heads into this speech down in the polls, with the Department of Homeland Security shut down for over a week after immigration agents killed two American citizens, and midterm elections threatening his congressional grip.
- 3.Democratic resistance: Multiple Democrats plan to skip the address entirely, instead holding an alternative "People's State of the Union" on the National Mall organized by advocacy group MoveOn.
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