Prices would rise on certain goods in industries affected by tariffs, broadly increasing the cost of living and eroding workers’ purchasing power unless wages rise commensurately, said Mark Zandi, chief economist at Moody’s Analytics.

American consumers could lose as much as $1,200 in purchasing power, according to an estimate from The Budget Lab at Yale University shared with NBC.

But EPA’s funding remained essentially flat, and inflation continued to grind down its purchasing power and capacity.

The Brookings Institution compiled an exhaustive list of ways in which studies have defined that group, including direct wealth indicators such as distance from poverty and purchasing power, as well as other markers like education level and occupation.

Federal law makes it a felony to pay anyone to register to vote, codifying the bedrock principle that people should exercise the franchise based on their free will rather than the purchasing power of a candidate or interest group.