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Axios
Axios

More than half of Americans say their finances are getting worse

Data: Gallup; Chart: Emily Peck/Axios

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.

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