Recently we paid $4.63 per gallon for gas while driving from Neenah, Wisconsin, to Nashville for our industry’s largest trade show. The trip is 633 miles each way. For years, loading up our company van with our booth and hitting the road was the affordable option for a small business like ours. Now even that feels out of reach.

We own OhmCo, a small, family-owned business that provides digital marketing and signage services for car washes across the United States. We are veteran-owned, woman-owned, and entirely self-funded. Every dollar we earn goes back into supporting our employees, growing our company, and serving our customers.

But right now, small businesses are being squeezed from every direction. 

Every extra dollar spent on fuel is money that cannot go toward hiring, healthcare, equipment, or growth. 

We understand that the recent inflation in the price of gas is driven by national policy and global events out of the state’s control. But that doesn’t make the escalating transportation and energy costs any easier for small businesses like ours to absorb, especially when travel, shipping, and logistics are essential to staying competitive.

Large corporations have dedicated legal, tax and compliance teams that can help them absorb rising costs more easily. Small businesses cannot.

What makes this even more frustrating is watching fuel prices climb while consumers are also dealing with higher costs tied to tariffs, supply disruptions, airline instability, and economic uncertainty. Working people and small businesses are left paying the price while political leaders seem more focused on spectacle than solutions.

At the same time, healthcare costs remain crushing for employers. Like many small business owners, we want to provide good coverage for ourselves and our employees, but premiums continue to rise beyond what many businesses can realistically sustain. Healthcare should not bankrupt employers or employees, and people should not have to stay trapped in jobs simply because coverage is tied to employment.

Through our advocacy with the Main Street Alliance, we have connected with entrepreneurs across the country facing the exact same challenges. Small business owners are delaying hiring, scaling back investments, and questioning whether they can continue operating under the weight of rising costs and instability.

We also need elected leaders, including our state Legislature, to prioritize regular working families and small businesses like ours instead of catering primarily to large corporations and powerful special interests. 

Small businesses are the ones sponsoring local sports teams, supporting community organizations, employing local workers, and reinvesting in our neighborhoods. Yet too often it feels like the needs of Main Street come last.

Large corporations have the resources to negotiate, litigate or exploit loopholes. They benefit from complicated tax systems and special carve-outs tend to benefit them over local businesses and communities.

Tax incentives may keep a large corporation from leaving the community, but when they contribute less, that burden still has to be made up somewhere, and it often falls on homeowners or small businesses. 

What small businesses need is not complicated. We need lower and more stable fuel prices and reduced tariffs that increase consumer and operating costs.

We need healthcare that is actually affordable for working families and employers, as well as affordable childcare. 

We need simpler rules for interstate hiring, because every state has different payroll registrations, labor laws, unemployment systems, tax requirements and compliance rules. Larger companies can afford teams of lawyers and HR departments to manage that. Smaller businesses usually cannot. 

We need stronger protections from predatory lending and excessive fees as well as easier access to loans. We need easier access to broadband internet and automation incentives.

We need more competition and affordability in transportation and energy markets. We need policies that support small business growth instead of squeezing us out — lower shipping costs, lower payroll processing and credit card processing fees, and stronger protections against large corporations that delay payments and dominate policy discussions to their advantage and our disadvantage.Most of all, we need elected leaders willing to prioritize regular people and small businesses over large corporations and special interests.

Small businesses are the backbone of this country. At OhmCo, we sponsor a local kids bowling team, and we travel around the country teaching businesses about technology, AI, marketing, and innovation. We believe deeply in our communities and in the promise of hard work.

But right now, many small businesses feel like we are being priced out of survival.

We are not asking for special treatment. We are asking for leadership that prioritizes working families and small businesses instead of corporate profits and political theater. Americans deserve an economy where hard work actually leads somewhere again.

WASHINGTON — The federal student loan system is set to see a dramatic overhaul beginning this summer, and critics warn it likely will make loans more expensive and difficult to obtain for borrowers — driving them to private lenders or altering their plans for higher education.

Among the major changes are new loan limits for graduate and professional students, a restructured repayment system where new borrowers will have only two plans to choose from and the elimination of a key loan program for graduate and professional students that allowed for unlimited borrowing.

The provisions — most of which will take effect July 1 — stem from congressional Republicans’ mega tax and spending cut bill that President Donald Trump signed into law last year. 

The U.S. Department of Education finalized regulations, published May 1, that implement sweeping changes outlined in the GOP’s “big, beautiful” law. The department received more than 80,000 public comments before the rule was finalized. 

Under Secretary of Education Nicholas Kent said that “at a high level,” the reforms center on “lowering the cost of college, simplifying student loan repayment and restoring accountability to the federal student lending system,” during an April 30 call with reporters regarding the new regulations. 

The average federal student loan debt balance stands at $39,547, according to the Education Data Initiative.

As July 1 approaches, here’s a closer look at some of the biggest changes coming to the federal student loan system: 

Elimination of Grad PLUS 

The Grad PLUS program, which allowed for graduate and professional students to borrow up to the full cost of attendance, will soon be eliminated under the package and unavailable for new borrowers.

“If you are currently borrowing Grad PLUS loans, so you borrowed Grad PLUS loans before July 1, you will be allowed to continue using Grad PLUS until you finish your program, or until three years have expired, basically whichever is sooner,” said Preston Cooper, senior fellow in higher education policy at the American Enterprise Institute, a right-leaning think tank.

“Current students are grandfathered in — it will only be new graduate students, as of this fall, after July 1, who will be subject to the new loan limits,” Cooper said. 

New borrowing caps 

The package also sets forth new annual and aggregate loan limits for graduate and professional students, along with parents who take out federal student loans for dependent undergraduate students. 

Graduate student loans will be capped at $20,500 annually, with a $100,000 aggregate limit. 

Parent PLUS borrowers will have an annual cap of $20,000 and an aggregate cap of $65,000 per dependent. 

Professional student loans will have a $50,000 annual limit and an aggregate cap of $200,000. 

The programs that fall within the department’s “professional” category and are subject to that larger loan cap include: pharmacy, dentistry, veterinary medicine, chiropractic, law, medicine, optometry, osteopathic medicine, podiatry, theology and clinical psychology. 

The department clarified in a fact sheet on the finalized regulations that the “professional” student classifications “do not express a value judgment about the importance of any occupation or field” but instead serve a “loan-administration function.” 

The agency has received immense pushback from groups representing people in fields that do not fall under the department’s definition and will thus be subject to lower annual and lifetime borrowing caps. 

Incoming repayment options 

In another major shift, the regulations replace prior repayment options with two new plans — the Repayment Assistance Plan, or RAP, and the Tiered Standard plan — both of which will launch July 1.

RAP is an income-based repayment plan that “waives unpaid interest for borrowers who make on-time payments that do not fully cover accruing interest,” per the department’s fact sheet. 

Balances under the plan will also “decline with each on-time payment, as unpaid interest is fully waived and the Department then reduces principal by an amount equal to the borrower’s payment, up to $50,” per the agency. 

The Tiered Standard plan offers fixed monthly payments, ranging from a 10-year to 25-year period, depending on the outstanding principal balance of the borrower. 

‘A lot more expensive’

“The upshot is that loan repayment is going to get a lot more expensive for almost everyone, and for some people, it’s going to get significantly more expensive, and the transition is also going to be difficult for a lot of people to manage,” Michele Zampini, associate vice president for federal policy and advocacy at the Institute for College Access & Success, told States Newsroom.

Zampini, whose organization aims to advance affordability, accountability and equity in higher education, said she thinks “there will be a lot of students who will have to turn to the private loan market, who otherwise would have been able to cover their costs through the (Grad PLUS) program.”

Victoria Jackson, assistant director of higher education policy at the nonprofit policy and advocacy group EdTrust, said that with the new loan limits and “drastic cuts to aid availability” in the regulations, “you would really hope that it would come with other, more affordable and better forms of financial aid.” 

“And what they’ve done is just created this vacuum that right now can really only be filled with private loans, which are costlier and riskier for students, or students are just not going to go,” Jackson said.

Meanwhile, the Trump administration continues its efforts to eliminate the Department of Education, including through a series of interagency agreements that transfer several of its responsibilities to other departments. 

Under the most recent agreement, the Treasury Department will take over Education’s responsibility for collecting on defaulted federal student loan debt — the first step in a multiphase process toward Treasury taking on Education’s entire, roughly $1.7 trillion federal student loan portfolio.

Transition to new system

Zampini noted that, when it comes to the incoming student loan regulations, she does not have confidence in the Education Department’s “ability at this moment to successfully manage the transition without a lot of issues, as far as servicing and as far as account tracking and plan enrollment and things like that.” 

Jackson, of EdTrust, said that “by weakening the federal financial aid system, I think there’s a weakening of our higher education system and making it more difficult for low-income students, students of color and other marginalized students to access graduate education.”

She added that “people who complete those degrees tend to have more financial security in the future — they earn more over their lifetimes and, on markers of financial success and opportunity, do better.” 

“I think this is one prong of a plan of undermining our overall higher education system.” 

WASHINGTON — Americans saw prices at the pump sharply rise in recent days as the nationwide average cost for a gallon of regular gas shot up 38 cents over the past week, according to GasBuddy.

The motor club AAA clocked the average price of regular gas at $4.46 per gallon and diesel at $5.64, as Iran and the U.S. remain at a stalemate over opening the Strait of Hormuz, where one-fifth of the world’s petroleum passed through prior to the war.

“Gasoline prices rose in every state over the last week, with some of the most significant and fastest increases concentrated in the Great Lakes, where states like Michigan, Indiana, Ohio, and Illinois saw sharp spikes, while Wisconsin experienced more modest gains,” Patrick De Haan, head of petroleum analysis at GasBuddy, said in a statement Monday. 

“At the same time, diesel prices surged to new records in parts of the region, with some areas touching the $6-per-gallon mark,” he added.

De Haan said refinery outages drove prices up, but other factors like Middle East oil output and President Donald Trump’s plan to free oil tankers stuck in the Persian Gulf could help.

“However, with so many moving pieces, the outlook remains highly fluid, and while some localized relief may emerge, broader price volatility is likely to persist in the near term,” he said.

Trump’s approval ratings, particularly on everyday costs, are sinking. About two-thirds of Americans disapprove of Trump’s handling of the cost of living, and 66% disapprove of the president’s handling of the Iran war, according to a Washington Post/ABC News/Ipsos poll published Sunday. 

Trump’s overall disapproval of 62% was the highest the survey recorded since he first took office in 2017.

The nationwide average for a gallon of regular gas was $4.10 one month ago. Last year at this time, it was $3.16, according to AAA.

Brent crude oil, the international standard, jumped to $114.90 a barrel Monday, the second-highest price jump since Russia attacked Ukraine in 2022.

During a small business summit at the White House on Monday, Trump said the war “is working out very nicely.”

“They thought that energy would be at $300 right, $300 a barrel. And it’s like at 100 and I think going down,” Trump said, incorrectly describing the current trend in prices. “And I see it going down very substantially when this is over.”

Navy escorts through strait

Trump on Sunday announced “Project Freedom,” an operation to guide cargo ships and oil tankers through the strait with the guidance of the U.S. Navy.

The “humanitarian gesture,” Trump wrote on his Truth Social platform, is “merely meant to free up people, companies, and Countries that have done absolutely nothing wrong — They are victims of circumstance.”

Some 20,000 merchant ship crew members have been stranded in the Persian Gulf during the ongoing war, according to United Nations estimates at the end of March.

Trump threatened that Iran would “be dealt with forcefully” if they interfered with the operation.

As of Monday, U.S. Central Command said two U.S.-flagged merchant ships had been escorted through the strait. The Iranian Revolutionary Guard Corps disputed the claim as “baseless and completely false,” according to a statement reported by Iranian state media.

“Any other maritime movements that contradict the stated principles of the IRGC Navy will face serious risks, and any violating vessels will be forcefully stopped,” the statement read.

War continues

The IRGC also claimed to have hit two U.S. military vessels in the strait Monday, a claim categorically denied by U.S. Central Command.

U.S. Central Command’s Admiral Brad Cooper told reporters on a press call Monday that the IRGC launched multiple cruise missiles and drones at merchant ships that “we are protecting.” 

“We have defeated each and every one of those threats through the clinical application of defensive munitions,” he told reporters. 

U.S. Apache and Seahawk helicopters sank six small Iranian boats Monday, according to Cooper.

The United Arab Emirates defense ministry reported Monday it was intercepting Iranian missiles and drones over various parts of the country. Iran’s air strikes on its U.S. ally neighbors have largely quieted in recent weeks.

U.K. Maritime Trade Organization, which reports on security conditions, has kept the strait’s regional threat level as “critical.”

Trump said Saturday he was reviewing a new deal from Iran to end the war. Talks have failed since the U.S. and Iran announced a tenuous ceasefire on April 7.

WASHINGTON — President Donald Trump’s pick to lead the Federal Reserve was one step closer to the job Wednesday after North Carolina Republican U.S. Sen. Thom Tillis cast the deciding vote to advance Kevin Warsh’s nomination to the full Senate.

Lawmakers on the Senate Committee on Banking, Housing and Urban Affairs voted 13-11 along party lines to move Warsh to the next step.

The potential turnover at the top of the Fed, which sets monetary policy, comes as Americans see higher costs hit their pocketbooks, particularly soaring prices at the gas pump, as the U.S.-Iran conflict disrupts worldwide energy supplies.

Tillis had withheld his support until the Trump administration announced Friday it would drop what the senator described as a “bogus” investigation of current Fed Chair Jerome Powell.

“It’s no secret that the reason that Mr. Warsh’s nomination could have been held up is because of my concern with the investigation. I want to thank the Department of Justice for the assurances that they gave me,” Tillis, R-N.C., said following the panel’s brief morning session that lasted just under 15 minutes.

“The fact of the matter is, this was based on two minutes of testimony. It was not criminal,” Tillis said of the DOJ’s probe into Powell’s June 2025 testimony to Congress on a major $2.5 billion renovation of the Fed’s Washington, D.C., headquarters.

The committee vote comes after Trump’s sustained verbal attacks on Powell over several months, including numerous public threats to fire the Fed leader if he did not agree to lower interest rates. `

A federal judge last month blocked the administration’s subpoenas to probe the Fed and Powell, citing “a mountain of evidence” that Trump was using the investigation to force Powell’s hand.

The Fed was scheduled to meet Wednesday afternoon to deliver its latest decision on interest rates, possibly the last under Powell, whose term expires May 15.

Inflation, affordability

The committee’s top Democrat, Sen. Elizabeth Warren of Massachusetts, said the vote brings Trump “one step closer to completing his illegal attempt to seize control of the Fed and to artificially juice the economy.” 

Inflation and affordability are emerging as major issues ahead of the 2026 midterm elections that will determine control of Congress. 

Sen. Raphael Warnock, D-Ga., said his constituents in Georgia and beyond “deserve to know that the Fed is on their side, maximizing their chances to keep a good paying job and keeping their lives affordable, not on the side of the president’s poll numbers or his political concerns as we approach the midterm.”

“Fed independence is not theoretical. It matters to the everyday lives of working families,” Warnock said.

According to a Reuters/Ipsos poll taken between April 24-27, 61% of Americans think the U.S. economy is on the wrong track. 

When asked about the costs and benefits of the war in Iran, only a quarter of respondents said they agreed the U.S. military operation was worth it, according to the Ipsos poll.

Americans have watched fuel prices climb in March and April after Iran retaliated against the U.S.-Israeli attacks by choking off the Strait of Hormuz, a narrow maritime passageway where, prior to the war, one-fifth of the world’s petroleum passed.

Gas prices climb

The average price across the U.S. for a gallon of regular gas reached $4.23 Wednesday, not only the highest price point since the U.S. launched operations in Iran on Feb. 28, but also the highest since July 2022, according to GasBuddy.  

Prior to the war, a gallon of regular hadn’t topped $3 all year.

A return to normal, free flow in the strait — which was about 140 vessels per day pre-war — appears out of reach at the moment, as Trump announced last weekend his negotiators pulled back again on attending talks in Islamabad.

Secretary of Defense Pete Hegseth sidestepped a question Wednesday regarding how much longer the war might last, asked by Rep. Chrissy Houlahan, D-Pa., before the House Armed Services Committee.

During the same hearing however, the Pentagon’s Jules Hurst III, acting undersecretary of war who oversees finances, did reveal the war had so far cost the U.S. $25 billion.

While the Fed’s inflation target is 2%, data released at the beginning of April showed prices for all items rose 3.3% over a year ago. The jump was largely driven by a 21% spike in fuel prices from February to March.

The Fed’s so-called “dual mandate” is to maximize employment and stabilize prices. The Fed primarily loosens or tightens the economy by adjusting interest rates — lowering them if the economy lags and inflation is too low, and raising them when inflation becomes too high.

Lisa Cook firing

Warren and Warnock also noted Trump’s ousting in August of Fed Governor Lisa Cook, appointed to the board by former President Joe Biden. The U.S. Supreme Court is reviewing whether Trump exceeded his authority in firing Cook.

Warnock said he was dissatisfied with Warsh’s written responses to additional questions sent after his April 21 nomination hearing before the committee.

“I asked, quote: ‘If President Trump, or any future president, attempts to unlawfully fire you without cause, would you leave the Federal Reserve?’ His response, quote: ‘I will not answer hypothetical questions of this nature,’” Warnock recounted.

“Well, this isn’t a hypothetical question. In fact, the president attempted to fire Governor Cook this in the past year, and the president has repeatedly mused about firing Chair Powell because he won’t bend to his interest rate demands — doing so as recently as two weeks ago,” Warnock said, referring to Trump’s comments during an April 15 Fox Business interview. 

Asked Wednesday afternoon if he thinks Warsh will persuade the Fed’s board of governors to lower interest rates, Trump told reporters, “They should because it’s a good time to lower them. We’re the most prime country anywhere in the world.”

Powell also faced questions Wednesday afternoon.

When asked whether he expects Warsh will remain independent of Trump, Powell said, “He testified very strongly to that effect in his hearing, and I’ll take him at his word.”

Jennifer Shutt contributed to this report.

WASHINGTON — U.S. Senate Minority Leader Chuck Schumer said Wednesday that Democrats will use the unlimited number of amendment votes they are allowed on Republicans’ budget resolution to illustrate policy differences on cost-of-living issues and immigration activities. 

“We are for reducing costs for the American people, whether it’s housing or whether it’s health care or whether it’s electric costs or whether it’s groceries or whether it’s child care,” he said. “And they are funding a rogue police force that is not even popular with the American people.”

Republicans voted Tuesday to begin debate on their budget resolution, which holds instructions that would allow the Homeland Security and Governmental Affairs Committee as well as the Judiciary Committee to each write a bill that spends up to $70 billion on immigration enforcement. 

Amendment debate could begin Wednesday or Thursday, followed by a simple majority vote to approve the budget resolution, sending it to the House.  

GOP leaders are using the same complex budget reconciliation process they used last year to enact their “big, beautiful” law to approve three years of funding for Immigration and Customs Enforcement and the Border Patrol. The earlier bill, enacted last July, included $170 billion to bolster the administration’s immigration activities. 

The House and Senate must vote to adopt the budget resolution before they can use the reconciliation process to approve a bill without having to garner 60 votes in the Senate to end debate.

Spending on those two agencies would normally run through the annual Homeland Security government funding bill. But that process stalled earlier this year when Democrats demanded new constraints on immigration activities after federal officers shot and killed two U.S. citizens in Minneapolis. 

Negotiations between Republicans and Democrats moved rather slowly and contributed to a record-setting shutdown at the Department of Homeland Security, which began in mid-February. 

President Donald Trump urged GOP lawmakers to vote against any Democratic amendments in a social media post.

“The Radical Left Democrats, and their so-called ‘Leader,’ Cryin’ Chuck Schumer, one of the most incompetent Senators in American History, will try to offer ‘Amendments’ during this process to divide Republicans,” he wrote. “Republicans must stick together and UNIFY to get this done, and to keep America safe — something which the Democrats don’t care about. Thank you for your attention to this matter.”

‘Glaring contrast’ to be highlighted

Democrats said during their press conference they plan to use the marathon amendment voting session on the budget resolution that sets up the reconciliation process to force Republicans to take votes on several issues. 

“We are ready with our amendments to show the glaring contrast between the parties in terms of who’s for reducing your costs and who’s not,” Schumer said. 

Senate Appropriations Committee ranking member Patty Murray, D-Wash., said that instead of working on legislation to bring down costs for everyday Americans, Republicans in Congress are focused on providing tens of billions in additional funding for immigration enforcement. 

“Gas prices have surged. Health care premiums have doubled or tripled, or worse, pricing millions out of their coverage. So what are Republicans doing about all of that? Nothing,” she said. “Their urgent top priority this week is shoveling at least $70 billion at ICE and Border Patrol with zero accountability, zero reforms and zero strings attached.”

Hawaii Democratic Sen. Brian Schatz said Republicans are sending a clear message about their policy goals and priorities by using the reconciliation process to provide the administration with another significant boost for immigration and deportation activities. 

“When you’re in the majority in the Senate, you get limited opportunities to use this unusual tool of reconciliation — once, maybe twice, in a year,” he said. “And so it’s pretty significant that using this tool, they have decided to do exactly nothing about the cost of living.”

Klobuchar decries $70 billion for immigration enforcement

Minnesota Democratic Sen. Amy Klobuchar said that $70 billion in federal spending could go toward addressing many of the other challenges facing the country. 

Instead of giving it to ICE and the Border Patrol, she said, Congress could bolster the number of local police officers, or help people afford the cost of their health insurance premiums, or have Medicare cover dental and vision and hearing care, or build hundreds of thousands of new homes, or help lower the cost of child care for millions. 

Republicans, she said, also know there is a need to place limits on federal immigration agents after events like those in her home state and throughout the country. 

“They know there are serious problems. Why? A number of them joined with us at that Judiciary hearing to call for Kristi Noem to leave,” Klobuchar said, referring to the early March hearing that took place just days before the former DHS secretary was removed. “They asked just as tough questions, some of them, as we did.”

Wisconsin Senate Democrats and their candidates for two districts key to determining control of the Senate in 2027 promised Thursday to pass bills to bring down the cost of health care, housing, groceries, energy and child care. 

At a press conference outside the state Capitol, Senate Minority Leader Dianne Hesselbein (D-Middleton) chastised Republican lawmakers for not taking action on an array of issues.

“We have to watch the Senate Republicans play this really strange game of what they’re doing with this special session,” Hesselbein said. “They refuse to go into the special session and get the job done for the people of Wisconsin.” 

This week lawmakers gaveled in for a special session called by Gov. Tony Evers who wanted the Legislature to take up a constitutional amendment that would  ban gerrymandering. Typically, Republican lawmakers have gaveled in and then immediately gaveled out of Evers’ special sessions, but on Tuesday, lawmakers gaveled in but then adjourned until Thursday. They said they were leaving the session open and they wanted to have more discussions with Evers, who said there wasn’t anything to talk about. 

Lawmakers returned on Thursday afternoon to postpone again until April 21. 

The state Assembly and Senate have both completed their regular session work this year, although  Evers and lawmakers are still trying to reach a deal on using some of the state’s $2.5 billion budget surplus to provide property tax relief to Wisconsinites and fund public schools. Discussions have still not resulted in action since they began in February.

Hesselbein said Senate Democrats are committed to working to improve affordability in the next legislative session and promised to pass a slate of 18 bills if they win the majority. Democrats have already introduced the bills in the current session, but they did not advance in the Republican-led Legislature. 

“Senate Democrats are here. We are ready to work,” Hesselbein said. “We could get these bills passed this legislative session and we could lower costs right now, but instead Republicans behind me in this building continue to use their last gasp of power to waste time and ignore the pressing needs of every single person in the state of Wisconsin.” 

The state Senate is currently controlled by an 18-15 Republican majority, meaning Democrats would need to hold all of their current seats and flip two additional seats to win control. The last time Democrats held a majority in the state Senate and Assembly was the 2009-11 legislative session.

There have been five announced retirements by Senate Republicans, including Senate Majority Leader Devin LeMahieu (R-Oostburg) and two incumbents in districts that will be key to determining control. 

Hesselbein said she is “surprised” by the number of retirements. 

“It is curious that now that we finally have fair maps, a fair number of them have decided to not run,” Hesselbein said. 

Hesselbein and current Democratic senators were joined by two of their preferred candidates in key districts for the press conference who spoke to the bill packages. 

Rep. Jenna Jacobson (D-Oregon) laid out the health care and housing bill package. She is running in a three-way primary in Senate District 17. The winner of the primary will face Sen. Howard Marklein (R-Spring Green), the budget committee co-chair who is running for his fourth term in office. The other two Democratic candidates in the primary are Corrine Hendrickson, a child care advocate and Lisa White of Potosi, a small business owner. 

“There’s no question that two of the most pressing concerns and most expensive aspects of life in Wisconsin are homeownership or rent and the cost of health care and medication,” Jacobson said. “As property values skyrocket, hedge funds buy up single-family homes. As we face limited supply and algorithmic price hikes designed to maximize profit, we are left with the landscape that makes it more and more difficult for folks to afford rent and the age for the average first-time homeowner is at an all-time high.”

The policies covered in the health and housing package of bills include: 

• Eliminating cost-sharing payments for prescription drugs under the BadgerCare program
• Capping the cost of insulin at $35 
• Capping the cost of asthma medication at $25 and the cost for related medical supplies at $50 a month
• Eliminating sales tax on over-the-counter medicines
• Increasing the limit on the homestead tax credit, which provides relief to low-income homeowners and renters, from about $24,000 to $35,000
• Banning hedge funds from buying Wisconsin homes
• Prohibiting the use of algorithmic software to set rental rates and penalizing landlords who use such software for that purpose

Trevor Jung, the Racine transit director, is running in Senate District 21, which is currently represented by Sen. Van Wangaard (R-Racine). Wanggaard, who has served in the Senate since 2010, announced his retirement last month. He introduced the “Families First” package, which seeks to address child care, energy and grocery costs. 

“The Wisconsin Republican-controlled Legislature has ignored the crisis of rising prices across the state,” Jung said. “When I join these folks behind me in the Wisconsin State Senate, I will get to work…Our work will ease the burden of rising costs on Wisconsin families.” 

The policies include: 

• Using state funding to extend Child Care Counts, the state program launched with pandemic relief funds to support child care centers
• Making the child and dependent care tax credit refundable, meaning that a taxpayer would get a cash refund for the difference between a filer’s tax liability and the credit’s full value
• Raising the threshold for eligibility for the Wisconsin Shares program to 85% of the state’s median income, so more families are eligible for a state subsidy for child care
• Regulating data centers by requiring they cover the cost of expansions of the energy grid, creating a new “very large” class of customer and mandating 70% renewable energy use by the centers 
• Requiring utilities to spend 2.4% of their revenues to fund energy efficiency and renewable resource programs
• Expanding the state investment in low-income energy assistance programs to $10.4 million a year from $6 million
• Requiring a state program to promote energy efficiency and renewable energy for low-income households 
• Providing free school meals to all Wisconsin students
• Restricting the use of algorithms to set prices in grocery stores
• Prohibiting dynamic price gouging of consumer goods in retail stores

Even with a majority in the Senate, the odds of having the bills become law will depend on the state Assembly, which is currently controlled by a Republican majority, as well as  the new governor. 

Democrats will need to hold all their current seats and flip five additional seats to win the Assembly majority. This election cycle will be a test-drive for the odd-numbered Senate districts up for election this year, but every Assembly seat has already been up for election under the new maps.

Hesselbein said she is confident that voters will elect Democrats up and down the ballot in November, including in the Assembly, but added that the bills should have bipartisan support. 

“These are not fringe issues that people are talking about. These are things that we’ve been hearing about from Rhinelander to Madison to Racine to Mount Horeb. Everywhere around the state people are talking about rising costs and what we can do to combat them, so I think we should have Republicans regardless of what the makeup of the state Assembly or the state Senate is.”

There will also be a new governor in 2027. U.S. Rep. Tom Tiffany is competing on the Republican side. There are seven major Democratic candidates, and Hesselbein said she believes each will be supportive of the Senate’s bills.

WASHINGTON — Spikes in energy prices caused by the U.S.-Israeli war in Iran drove up inflation for Americans in March, according to the latest consumer price index figures released Friday.

Costs jumped 0.9% in March compared to the previous month — that’s up from the 0.3% increase in February. 

Prices for all items together, including food, energy, shelter and other commodities like vehicles, rose by 3.3% from a year ago. That’s the highest annual jump since May 2024, according to Bureau of Labor Statistics historical data. 

Fuel costs drove the spike, with gasoline and fuel oil together rising 10.9% in March compared to the previous month. Singled out, gas prices jumped 21.2% in March. The cost for airfare, largely driven by jet fuel prices, rose 2.7% in March, up from the 1.4% jump in February.

President Donald Trump launched the joint war in Iran with Israel on Feb. 28. In response to the intense bombing campaign that killed the country’s supreme leader and numerous senior officials, the Iranian regime effectively closed the Strait of Hormuz, a narrow passage in and out of the Persian Gulf vital to the transport of one-fifth of the world’s petroleum.

As of Friday, Americans were paying $4.15 on average nationwide for a gallon of regular gas, according to AAA. The average for diesel across the U.S. is $5.68 per gallon.

Prior to the war, a gallon of regular hadn’t topped $3 all year.

Iran’s de facto takeover of the Strait of Hormuz by threatening to strike any tankers, other than a handful from friendly countries, has caused the largest supply disruption in the history of the global oil market, according to the International Energy Agency.

Despite a tenuous ceasefire agreed to Tuesday evening Eastern time, Iran is still controlling the strait. Ten oil tankers transited the waterway Tuesday, and only one on Wednesday, according to the latest figures available from the Joint Maritime Information Center, which tracks tankers and cargo ships worldwide that are transmitting location data.

Prior to the war, roughly 140 vessels daily flowed freely through the Strait of Hormuz.

Dems pounce on affordability issue

Democrats blamed Trump Friday for higher inflation, as affordability is emerging as perhaps the single-most important issue ahead of the 2026 midterm elections in November that will determine control of Congress.

Democratic National Committee Chair Ken Martin said the president is “pushing working families to the brink.” 

“Trump promised to ‘lower prices on Day One,’ and instead he waged an unhinged trade war and started an unpopular war with Iran — and what have Americans gotten in return? Nothing except even higher prices. Americans are sick and tired of this president putting his own interests first and using their hard-earned dollars to fund his war instead of making health care more affordable or expanding access to child care,” Martin said in a statement Friday morning.

White House senior deputy press secretary Kush Desai responded to the inflation figures, saying the president “has always been clear about short-term disruptions as a result of Operation Epic Fury, disruptions that the Administration has been diligently working to mitigate.”

“Although gas and energy prices are seeing volatility, prices of eggs, beef, prescription drugs, dairy, and other household essentials are falling or remain stable thanks to President Trump’s policies. As the Administration ensures the free flow of energy through the Strait of Hormuz, the American economy remains on a solid trajectory thanks to the Administration’s robust supply-side agenda of tax cuts, deregulation, and energy abundance,” Desai wrote in a statement Friday morning posted on social media. 

Other costs

The price index for food consumed at home decreased 0.2% compared to the previous month, but increased 1.9% from a year ago. 

The costs of fruits and vegetables rose 1% in March compared to the previous month, but prices for meat, poultry, fish and eggs declined 0.6%, according to the latest BLS figures.

The price index for items minus food and energy rose 0.2% in March, matching the increase in February. The cost of all items, less food and energy, rose 2.6% over the past 12 months.