President Joe Biden outlined his plan to address the nation’s rising inflation in a live address Tuesday.
Americans are paying more for essential commodities like gas and food than they have in a generation as the country experiences a 40-year high inflation rate that has gone up every month since Biden took office, reaching 8.5 percent in March.
This is coupled with a GDP that shrank 1.4 percent in the first quarter, leading many economists to predict a national recession in the near future.
“I want every American to know that I’m taking inflation very seriously, and it’s my top domestic priority,” Biden said on May 10.
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