WH’s Bernstein Defends the Inflation Act: ‘Let Me Cite Larry Summers’

‘You cited your economists, let me cite Larry Summers who I think has been very much a critic of inflationary pressures’

EXCERPT:

BERNSTEIN: “You cited your economist, let me cite Larry Summers, who's, I think, been, you know, very much a critic of inflationary pressures. The prescription drug provisions, energy incentives, and increased Medicare benefits will all contribute over time to much-needed inflation reduction. You quoted Jason, my good buddy, Furman, a couple of minutes ago, he's made similar comments.”

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