Biden's gambit is clearly intended to follow up on his vows to make cutting inflation and high prices -- which are being fueled by record gas prices at the pump -- his No. The President, often with some justification, has blamed Putin, supply chain crunches triggered by the pandemic and other outside factors for high inflation. But the White House has rejected accusations that his huge stimulus policies in his first year in office are in any way to blame. Nuanced arguments made by the White House about how the administration has actually presided over a remarkable economic renaissance also sound discordant. National Economic Council Director Brian Deese, for instance, acknowledged in an interview with CNN's Victor Blackwell on Tuesday that there were "real challenges," including high prices.

Source: CNN June 15, 2022 12:30 UTC