Biden vows to battle inflation as prices keep climbing - News Summed Up

Biden vows to battle inflation as prices keep climbing


But so far, inflation just keeps getting the better of the U.S. economy and of the Biden administration. Rising prices are imperiling the U.S. economy as well as Democratic control of the House and Senate, putting Biden on the defensive. AAA separately reported that average U.S. gas prices reached a record $4.99 a gallon, an increase that has overwhelmed the president's previous efforts to reduce overall inflation. The visit to the port occurs as Biden has been hosting the Summit of the Americas in Los Angeles. And mindful of the campaign season, Biden on Friday will attend two fundraising receptions for the Democratic National Committee.


Source: ABC News June 10, 2022 20:12 UTC



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