Maine voters split over inflation ahead of 2024 presidential election
Prices are up 3.2% from this time last year, according to the Labor Department
Maine voters concerned about inflation ahead of 2024 election
Maine will be a key toss-up state in the 2024 presidential election. Maine is only one of two states that splits its electoral votes and the second congressional district has voted twice for Obama then twice for Trump.
President Biden and former president Donald Trump are officially facing off again in the 2024 presidential election. Focusing on the economy, Biden released his $7.3 trillion budget proposal for 2025 earlier this week.
The economy is a big concern for many voters this election year, and it's a key topic in Maine, which is one of two states that splits its electoral votes. The Pine Tree State had its first split vote in 2016 when Trump won its rural second congressional district and then again in 2020.
The Labor Department reports that the price of everyday necessities rose 0.4% in February compared to the previous month and prices are up 3.2% from this time last year.
"Everything is ridiculous right now, especially at the grocery store. Inflation is bad," said Kyle Edwards, who believes Trump has a better plan.
SOME SWING STATE VOTERS SAY ECONOMY WILL IMPACT THEIR 2024 PRESIDENTIAL VOTE
Prices are up 3.2% from this time last year, according to the Labor Department. (Kailey Schuyler / Fox News)
"The economy is energy, it's money, it's how we feel, it's emotion. So if we feel like the economy is bad, we blame the leader," said Craig Bythewood, a global economic professor at Purdue.
Others say though inflation has been tough, they are beginning to see a light at the end of the tunnel.
"All things being considered, we are kinda coming out of it okay. It was just going to take some effort to do it," said Shawn Walker, who declared he's voting for Biden.
INFLATION RAN HOTTER THAN EXPECTED IN FEBRUARY AS HIGH PRICES PERSIST
Significant price increases have been noted in many categories, including food, housing and electricity over the past three years. (Fox News / Fox News)
HOUSE GOP LEADERS TEAR UP BIDEN'S NEW $7.3T BUDGET PROPOSAL
Biden proposes one of his main efforts is to help families combat inflation, as his plan includes reducing drug prices and increasing tax breaks for families and first-time homebuyers.
To cover the cost, he wants to increase taxes on the wealthy and corporations.
"What Biden is doing, what he is proposing would not specifically address inflation in any way. What it will do is take some of the burden off of paying for some of the things that need to be paid for the regular person," Bythewood said.
President Biden's $7.3 trillion budget proposal includes tax breaks for families and first-time homebuyers. (Kailey Schuyler / Fox News)
Trump hasn’t detailed his economic plan if he were to be re-elected, but he is trying to rally voters around the idea of increasing tariffs.
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Biden’s budget proposal is not likely to pass in its current form. Congress is still working on the budget for the current fiscal year.