Poll: Most Americans Struggling with Rising Costs and Stagnant Incomes, Have Little Confidence in Retirement Savings

About 2 in 3 Americans say household expenses have risen over the past year, outpacing income increases according to a new AP-NORC poll.

Most report their overall household debt is the same or higher than a year ago, with many struggling with credit card, auto, medical, and student loan debt.

Only about 1 in 4 Americans are very confident they could cover an unexpected medical expense or have enough saved for retirement.

Nearly 80% view the national economy as poor, while just over half describe their personal finances as good.

Americans are split on whether Republicans or Democrats can better handle inflation, with about 3 in 10 trusting either party and 3 in 10 trusting neither.