This president has taken a $5. 6 trillion surplus and turned it into deficits as far as the eye can see. Health-care costs for the average American have gone up 64 percent; tuitions have gone up 35 percent; gasoline prices up 30 percent; Medicare premiums went up 17 percent a few days ago; prescription drugs are up 12 percent a year.
The overall living expense for Average Americans has increased. 
The context alone does not give any indication of how much the deficit has affected the overall cost of living for Americans. E.g. how has the deficit affected cost of housing, food, etc.
( z1 increase :ARG1 ( z2 expend :ARG0 ( z3 person :mod ( z4 country :name ( z5 name :op "America" ) ) :ARG1-of ( z6 average ) ) :ARG2 ( z7 live :ARG0 z3 ) :mod ( z8 overall ) ) )