Skip to main content
Tags: james lankford | donald trump | economy | economic relief | income tax | seniors

Sen. Lankford to Newsmax: Economy Turning Corner as Trump Policies Kick In

By    |   Thursday, 18 December 2025 11:00 AM EST

Sen. James Lankford, R-Okla., said Thursday morning to Newsmax that Americans are already feeling tangible economic relief under President Donald Trump, arguing that lower prices and stronger hiring are no accident but the result of deliberate policy changes.

Appearing on "Wake Up America," Lankford credited the Trump administration and Congress with reversing what he described as years of economic damage under former President Joe Biden.

Lankford said voters are noticing the difference at the grocery store, the gas pump, and in their paychecks, particularly as inflation pressures ease.

He contrasted current conditions with the previous administration's record, saying, "It's not happening anymore. We had 21% inflation under Joe Biden."

He emphasized that Trump's economic message is resonating because it reflects real-world experience.

"What President Trump came out to say last night was, you feel the difference that's happening now," Lankford said, referring to the president's Wednesday night address to the nation. "That's not accidental."

According to Lankford, those gains stem from coordinated action across government rather than market forces alone.

"This is just not something that just occurred on its own," he said, pointing to "changes in tax policy, dealing with differences in trade policy, putting leverage on companies to be able to add additional hiring here in the United States."

He added that targeted efforts to reduce everyday costs are paying off. "Working with food companies to be able to bring the price down," Lankford said, has helped families stretched thin by years of rising prices.

Lankford shared a personal example from back home to illustrate the dramatic shift.

"In Oklahoma City last weekend when I was home, I paid $1.97 for gasoline," he said. "I cannot remember the last time I got gas that began with a dollar on it."

Looking ahead, Lankford said Americans can expect even more relief in 2026 as provisions of the One Big Beautiful Bill Act take effect.

"Americans will feel it very, very quickly when they're filing their taxes next year," he said, citing "no tax on tips, no tax on overtime" as immediate benefits.

He said law enforcement officers and first responders who rely heavily on overtime will see fast relief, while working seniors will benefit as well.

"Those seniors will now not be paying taxes on their working income if they're also receiving Social Security," Lankford said.

Small businesses, farmers, and ranchers also stand to gain from immediate deductions for major capital expenses, which Lankford said will "make a huge difference in hiring and investment."

"There will be a very definite feeling that things have shifted on this as we go into next year," said Lankford, adding that Americans should also expect improvements tied to auto insurance, loans, and interest rates, especially for American-made vehicles.

GET TODAY NEWSMAX+:

NEWSMAX is the fastest-growing cable news channel in America with more than 30 million people watching!

Reuters Institute reports NEWSMAX is one of the top news brands in the U.S.

You need to watch NEWSMAX today.

Get it with great shows from Rob Schmitt, Greta Van Susteren, Greg Kelly, Carl Higbie, Rob Finnerty – and many more!

Find the NEWSMAX channel on your cable system – Go Here Now

BEST OFFER:

Sign up for NEWSMAX+ and get NEWSMAX, our streaming channel NEWSMAX2 and our military channel World at War.

Find hundreds of shows, movies and specials.

Even get Jon Voight's special series and President Trump's comedy programs and much more!

Watch NEWSMAX+ on your smartphone or home TV app.

Watch NEWSMAX anytime, anywhere!

Start your FREE trial now: NewsmaxPlus.com

Nicole Weatherholtz

Nicole Weatherholtz, a Newsmax general assignment reporter covers news, politics, and culture. She is a National Newspaper Association award-winning journalist.

© 2025 Newsmax. All rights reserved.


Newsmax-Tv
Sen. James Lankford, R-Okla., said Thursday morning to Newsmax that Americans are already feeling tangible economic relief under President Donald Trump, arguing that lower prices and stronger hiring are no accident but the result of deliberate policy changes.
james lankford, donald trump, economy, economic relief, income tax, seniors
597
2025-00-18
Thursday, 18 December 2025 11:00 AM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
TOP

Interest-Based Advertising | Do not sell or share my personal information

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved
Download the Newsmax App
NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved