President Donald Trump’s economic successes have already surpassed the successes of his first term, White House spokeswoman Olivia Wales told the Washington Reporter.
Following the release of the Census Bureau’s 2025 Income, Poverty, and Health Insurance Coverage, Wales noted to the Reporter that “President Trump’s proven economic agenda delivered historic working class prosperity in his first year in office, with record-high real income and record-low poverty, breaking the records he set during his first term.”
The Census Bureau’s findings validate the focus that Trump, along with House and Senate Republicans, placed on signature legislation like the Working Families Tax Cuts during Trump’s first year back in the White House. America’s poverty rate is currently at its lowest level in history, reaching where it was during Trump’s first term before the COVID-19 pandemic.
The poverty rate, when broken down by race, shows further progress for some of the newer Republican coalitions that Trump assembled during his historic 2024 campaign. The black, Hispanic, American Indian, Native Alaskan, and child poverty rates are all at an all-time low — and all have dropped steadily since Trump defeated Vice President Kamala Harris in 2024.
“The president was re-elected in a landslide victory to turn the page on Joe Biden’s inflation crisis, and he remains laser-focused on doubling down on his winning economic agenda of tax cuts, deregulation, and energy abundance here at home to drive economic prosperity for everyday Americans,” Wales added to the Reporter.
As Republicans and Democrats focus on affordability issues in the closing days of the 2026 midterms, the Trump administration is eager to tout other successes that it attributes to legislation like the Working Families Tax Cuts. Both after-tax real incomes went up thousands of dollars in 2025, and real median post-tax household incomes rose over 3 percent during Trump’s first year back in the White House. Real household income also rose 2.6 percent, reaching its highest-ever level of $87,460 in 2025, breaking even records that were set during Trump’s first term.
