Biden Doubles Down on BBB After Friday’s CPI Report Shows Annual Inflation Increase at 39-Year High

Biden Doubles Down on BBB After Friday’s CPI Report Shows Annual Inflation Increase at 39-Year High
President Joe Biden lands at Long Beach Airport with California Gov. Gavin Newsom in Long Beach, Calif., on Sept. 13, 2021. John Fredricks/The Epoch Times
Bryan Jung
Updated:

The Biden administration is seeking to reassure Americans regarding rising inflation, after the Labor Department’s Consumer Price Index (CPI) report showed prices rising at their fastest annual pace in nearly 40 years.

The White House is facing criticism after the report showed that consumer prices rose 6.8 percent in the year through November, the sharpest annual increase since 1982, and an acceleration compared to October’s 6.2 percent rate of inflation.

Bryan Jung
Bryan Jung
Author
Bryan S. Jung is a native and resident of New York City with a background in politics and the legal industry. He graduated from Binghamton University.
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