Hey there from CNN. I'm David Rind with the five things you need to know for Tuesday, May 12th.

My life is not affordable. No one cares. That's a direct quote from someone responding to a new CNN poll on affordability.

Overall, 76% of Americans call cost of living issues the biggest economic problem, with only a third

of Americans saying they could comfortably afford paying $1,000 for an emergency expense.

This poll just underlines the fact that there are major warning signs flashing red for President

Donald Trump and the Republican Party heading into the midterms.

It found that 77% of Americans say that Trump's policies have

increased the cost of living in their own community, and that includes a majority of Republicans.

CNN's political director and Washington Bureau Chief David Chalien has more.

We're really still dealing with sort of a post-COVID economy, and even while some structural

things in the economy are strong,

people are not feeling it in terms of what they're paying and in terms of their feeling secure

in their personal economy. A top line approval number for Trump's handling of the economy,

30% approved. That is a record low across his entire time in public life. Why this matters, economy

and cost of living, this is where the majority of Americans are in terms of importance of issues

in their mind.

The reasons for that frustration range from rising food, gas, and housing prices to the impact of years of inflation.

And in fact, for the first time in three years, Americans' wages are no longer outpacing inflation.

The latest inflation report out today shows prices rose 0.6% in the last month,

pushing the annual rate to 3.8%, the highest since May 2023.

Coming up, another confirmed Hantavirus case.

So is there cause for alarm? Stick around.

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