Economic Outlook - The administration anticipates the largest tax refund cycle in U.S. history, with significant refund checks expected for many Americans [1][2] - Families are projected to save between $11,000 and $20,000 annually due to tax changes [2] Wage Growth and Inflation - Real wages for typical workers are reportedly growing at a rate of about 2% to 2.5%, with a 3.7% increase in wages against a 1.6% core inflation rate [4] - Blue-collar workers have seen an estimated raise of nearly $2,000 this year after accounting for inflation [4] Economic Sentiment - Despite concerns from the public, with 44% feeling financially strained and 74% rating the economy poorly, the administration maintains a positive outlook on economic growth [4] - The administration's strategy focuses on increasing aggregate supply to exert downward pressure on prices, similar to trends observed during Trump's first term [6]