Biden Economic Adviser: BBB Bill Will Help Us Address Inflation and Transition to Clean Energy

EXCERPT:

ROUSE: "So, the President is focused on inflation. And, in fact, Build Back Better is a long-run investment to increase economic capacity so that we’re better able to address inflation. Parts of Build Back Better include addressing costs such as prescription drugs, it includes making investments to make the transition to clean energy, which we know we need to be making as well. So that’s not the kind of dollars that is stimulus. It’s investment, and it's the kinds of investments that we know actually pay for themselves over time. So that’s smart economic policy right now. The President is trying to take the kinds of actions that would address gas prices in the more immediate term, while also making the kinds of investments we know we need to make in order to make the transition to steady, sustainable growth that will benefit all Americans."