BREAKING: Vasquez Releases New Report Illustrating How Administration Has Cost New Mexico Families Over $3,000

September 10, 2026 Press Release Gas and grocery prices soared under Trump, costing New Mexican families $3,100 more WASHINGTON, D.C. – On September 10, 2026, U.S. Representative Gabe Vasquez (NM-02) released a new report detailing how much prices have spiked under the Trump Administration, costing New Mexicans $3,100 on average. “Since this Administration took office, reckless tariffs, the war of choice in Iran, and countless short-sighted policies have caused prices to soar for everything from gas, to groceries, to healthcare and more,” said Vasquez. “New Mexico families can’t take any more of this. In contrast, I’ve introduced an affordability agenda that would lower prices and help working New Mexicans. We must put an end to these economic policies and make New Mexico affordable again.” Read the full report HERE . In addition to this report, Rep. Vasquez released a report in April detailing how much energy prices have spiked since the Administration took control in January 2025: Annual energy bills went up by an average of $70 per New Mexico family in 2025 compared to 2024. New Mexico has consistently ranked among the top states nationally for highest gas price jumps since the war started. Since introducing his Affordability Agenda to lower the high cost of living in New Mexico, the Congressman has: Introduced the Tax Relief from Tariffs and High Costs Act to offer a fully refundable 10% tax credit to households making under $100,000 to offset rising prices — under this bill, a New Mexican making $70,000 could expect around $700 back in their pocket to offset higher prices caused by tariffs. Cosponsored the Capping Prescription Costs Act , which caps annual prescription drug costs at $2,000 for individuals and $4,000 for families with private health insurance plans. Cosponsored two bills — the Bipartisan Families First Housing Act and the Stop Wall Street Landlords Act — to address New Mexico’s housing affordability crisis by cracking down on greedy, corporate landlords to ensure hardworking New Mexicans have a fair shot at homeownership. Has introduced legislation to roll back harmful cuts to food assistance enacted under the Republican tax law, fighting to feed our veterans , seniors, children, and hardworking families. Introduced the Energy Bills Relief Act to bring down utility bills for hardworking New Mexicans by cutting red tape, speeding up permitting processes to get more energy projects online, expanding the Low-Income Home Energy Assistance Program and more. Supported the Tipped Income Protection and Support (TIPS) Act to permanently end tax on tips for those making under $112,500. Introduced the Boost the Middle Class Act to increase eligibility for the Earned Income Tax Credit, allowing more working New Mexican families to receive higher tax refunds each year. Pushed for the passage of his Keep Mobile Homes Affordable Act , which would crack down on rent price gouging and utilities neglect by predatory investors who have purchased 2,500 or more manufactured housing units since 2015. ### Issues : Lower Costs, More Jobs