Vance, Trump unleash on Democrats' affordability 'scam': 'Fixing what [they've] broken'

President Donald Trump calls affordability a "Democrat scam" during Cabinet meeting as Vice President JD Vance predicts vast economic improvement in 2026.

President Donald Trump and Vice President JD Vance slammed Democrats' affordability messaging, claiming Republicans are fixing their mess. (Andrew Caballero-Reynolds/AFP via Getty Images; Yuri Gripas/CNP/Bloomberg via Getty Images)

On Saturday, when boasting on Truth Social about lowering drug prices, Trump declared himself to be the "affordability president," possibly signaling his administration's focus on reclaiming the term.

Vance, who spoke later in Tuesday's Cabinet meeting, touted the administration's work on the economy and predicted that "2026 is going to be the year when this economy really takes off."

"I think for congressional Democrats in particular, if they want to talk about affordability, they ought to look in the mirror. We are fixing what [they've] broken," Vance said.

The vice president also pointed out that under the Biden administration, the American family lost over $3,000 of household income, while they gained over $1,000 of household income under Trump.

President Donald Trump speaks during a Cabinet meeting at the White House, Tuesday, Dec. 2, 2025, in Washington, D.C., with Secretary of State Marco Rubio, left, and War Secretary Pete Hegseth, right. (Julia Demaree Nikhinson/AP Photo)

In November, the Democrats saw a string of major victories, including New Jersey Gov.-elect Mikie Sherrill, Virginia Gov.-elect Abigail Spanberger and New York City Mayor-elect Zohran Mamdani. All three candidates focused on affordability in their campaigns. After Sherrill and Spanberger's victories, the Democratic Governors Association (DGA) said that they "ran and won on the economy."

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"With cost-of-living concerns top-of-mind for Americans nationwide, Sherrill and Spanberger were laser-focused on affordability, releasing their Affordability Agenda and Affordable Virginia Plan, respectively, as they ran on platforms centered around bringing down the costs of health care, housing, and energy costs," the DGA statement read.

Mamdani's campaign was focused on affordability in the city. 

After his meeting with Trump, Mamdani said he would work with the administration — not against it — to make life more affordable for New Yorkers, citing his and the president's mutual love of the city.

Rachel Wolf is a breaking news writer for Fox News Digital and FOX Business.

https://www.foxnews.com/politics/vance-trump-unleash-democrats-affordability-scam-fixing-theyve-broken