GoFundMe sees Americans crowdfunding for basic needs like bills and food | Fox Business
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'The Big Money Show' panel breaks down the widening economic divide and questions whether Americans are truly struggling or if media-driven fear is distorting the real data. GoFundMe’s 2025 "Year in help" review found that its crowdfunding platform was increasingly used by Americans to fundraise for basic economic needs. "Monthly bills" was the second-fastest growing category on the platform behind "Charity." Thereview foundthat the most common words in fundraiser descriptions this year were "work," "food," "bill," "home," "care" and "love." GoFundMe said essential expense fundraising increased by 20%, and more fundraisers were started forfood banksthan any other community cause. IN A SNAP, TRUMP BLAMED FOR BLOCKING FOOD ASSISTANCE TO LOW-INCOME FAMILIES Carts loaded with groceries await distribution at Curley’s House Food Bank in Miami on Oct. 30, 2025, ahead of a possible SNAP benefits lapse.(Joe Raedle/Getty Images / Getty Images) "For example, we saw people say they were behind on the month's rent and were looking for friends and family to help them get through the next month or two," CEOTim Cadogan toldCBS News. "This shows us that life is getting more expensive and folks are struggling with that, so they are reaching out to friends and family to see if they can help them through." A Fox News national surveyreleased in Novemberfound, by a nearly 2-to-1 margin, voters say President Donald Trump is more responsible for the current economy than former President Joe Biden (62% vs. 32%). Morgan Stanley SVP financial advisor Jim Lacamp discusses the state of the economy under President Donald Trump on 'Making Money.' Roughly 76% of voters say theyview the economy negatively, a jump from 67% in July and higher than the 70% who held that view at the end of Biden’s term. IT’S NOT JUST THE ECONOMY — THIS IS HOW DEMOCRATS BEAT THE GOP ACROSS THE COUNTRY The survey also found that many voters, including Republicans, reportrising costsfor groceries, utilities, healthcare and housing this year. People browse a grocery store following the announcement of tariffs on Canadian and Mexican goods by U.S. President Donald Trump, in Toronto, Ontario, Canada, on March 4.(Arlyn McAdorey/Reuters / Reuters) "President Trump and every member of his Administration fully recognize how Joe Biden’s generational inflation crisis left American families behind," said White House spokesman Kush Desai in a statement to Fox News Digital. GET FOX BUSINESS ON THE GO BY CLICKING HERE "Turning the page on the Biden disaster has been a Day One priority for the Trump administration, and everyone is doing their part to delivereconomic relieffor the American people, from driving gas prices down by unleashing American energy to securing landmark working-class tax cuts to signing historic drug pricing deals." Fox News’ Dana Blanton contributed to this report.