While the Biden White House has long sought to assuage national worries about inflation amid the US economic recovery, Biden acknowledged that rising consumer prices are 'one of the most pressing economic concerns of the American people — and it's real.'
President Joe Biden took his sales pitch for the newly passed bipartisan infrastructure deal on the road Wednesday, highlighting the effect of the bill on supply chains and acknowledging Americans' concerns about rising prices -- hours after new inflation statistics revealed that US consumer prices are surging more than they have in 30 years.
While the Biden White House has long sought to assuage national worries about inflation amid America's economic recovery from the Covid-19 pandemic, the President on Wednesday acknowledged that rising consumer prices are"one of the most pressing economic concerns of the American people -- and it's real.
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