Former President Donald Trump pledged to cut energy bills in half during a Fox News town hall with women voters aired Wednesday.
“Everything starts with interest rates,” Trump said, adding that a solution to the inflation crisis also “starts with energy.”
“I’m making this pledge here,” Trump said. “But I have made it a couple of days before,” Trump teased. “Your energy bill, which is a very big bill, will be down 50 percent starting one year from Jan. 20.”
Harris Faulkner, who moderated the hour-long forum, pressed the Republican presidential nominee on how reductions in energy costs “trickle down” to reduce prices across the economy.
“The interest rates have come down and the inflation rate has come down, but it’s like we are going uphill constantly with these price increases,” Faulkner said.
“The interest doesn’t come down very much,” Trump said. “Everything is revolved around energy. That’s what caused inflation, energy, more than anything else including their stupid spending on the Green New Deal. They spent money, so much money, and that caused it also. But the biggest thing was they went away from my energy policy.”
President Joe Biden and Vice President Kamala Harris promptly forfeited Trump’s strategy of American energy dominance upon inauguration in 2021 with regulations designed to curb U.S. fuel production. Americans suffered months of record gas prices and the most expensive outbreak of inflation in 40 years just one year into the Democrats’ administration.
“If your energy bills come down to half,
