Biden Chief of Staff: A CNN Fact Check Says the Skyrocketing Inflation Isn’t Our Fault

‘To say that the government spending this year caused an increase in gas and food prices is false’

EXCERPT:

KLAIN: "Well, I want to quote a leading source on this topic, which said today that the government spending of this year — to say that the government spending this year caused an increase in gas and food prices is false. That was the CNN fact check that was out this morning on CNN about these claims. Look, I know that former Secretary Summers was a critic of the earlier legislation, the Rescue Plan. I disagree with him on that. But I think Secretary Summers has been very clear about the fact that when you take action to make the economy work better for people and you fully pay for it by doing things like a provision in the Build Back Better plan that Secretary Summers recommended, increasing IRS enforcement on high-income taxpayers who just refuse to pay their taxes and get away with it. Those kind of measures help control federal spending. They are sound, long-term measures for our fiscal soundness. So I think we’re on the right path here to help working families, to help middle class families, and to curb this inflation."

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