President Joe Biden outlined his efforts to fight inflation and lower consumer prices in a speech from the White House on Tuesday, contrasting his agenda with the proposals of Republicans, who have made the economy a top line of attack against Democrats as primary season begins.
"I believe inflation is our top economic challenge right now," said Biden, who did not announce any new policy initiatives.
Republicans have sought to blame Biden's policies for rising prices, while the president has attributed inflation to pandemic-related shutdowns that disrupted the global supply chain, along with Russia's invasion of Ukraine.
Biden sharpened his attacks on Republicans, taking aim at a proposal from Sen. Rick Scott, of Florida, that includes a new minimum tax on the middle class and sunsets Social Security and Medicare within five years.
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“Republicans in Congress are so deeply committed to protecting big corporations and CEOs that they’d rather see taxes on working American families,” Biden said.
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