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Is Bryan Steil correct that households are spending $11,400 more per year because of Biden?

Menzie Chinn, a professor of public affairs and economics at the University of Wisconsin-Madison, said the GOP calculations seem to be right, except for one aspect:

“They calculate numbers for ‘a household’ when it’s unclear how many people are in a household,” Chinn said in an email. Chinn previously analyzed the report for a Wisconsin Watch fact-check of an ad that said Wisconsinites are spending $10,000 more per year compared to 2021.