Higher prices at the pump, which affect predominantly lower and middleincomehouseholds, could become a drag on the U.S. consumer, which makes up about 70% of GDP.
He has significant changes to the tax code that would provide large tax benefits to upper-income households, while shifting the burden onto middle and lower-income households.
And secondary school teacher Craig Macartney, from Suffolk, said he had noted that increasing numbers of children from middle to lowerincomehouseholds were missing school trips as families struggled to meet the basic cost of living.