Speaking at an event in Virginia, Biden said that proposals in his Build Back Better legislation would help bring down prices for families.
CULPEPER, Va. - U.S. President Joe Biden on Thursday said he expected inflation to start to ease this year as supply chain logjams clear up, while saying that his administration was already helping ease shortages, as new data showed the biggest jump in consumer prices in 40 years.
Biden earlier in the day told an event in Virginia that proposals included in his signature Build Back Better legislation would help bring down prices for families. The roughly $1.7 trillion bill, which includes social spending and climate change provisions, is stalled and Biden has said previously that chunks, rather than the full package, could pass.
"The fact is that if we are able to do the things I'm talking about here, it'll bring down the cost for average families," Biden said.
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