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The share of Americans who say their financial situation is getting worse is higher now than at any point in the past 25 years, per new Gallup data out Tuesday morning.
Why it matters: Americans are struggling after years of higher inflation and a recent surge in gas prices due to the Iran war — a major challenge for President Trump and Republicans as the midterm elections come into view.
By the numbers: 55% of respondents to a poll conducted April 1-15 said their financial situation is getting worse; that's up from 53% last year and 47% in 2024.
