Biden: New Analysis Shows My Multi-Trillion Dollar Plans Will ‘Reduce Inflation, Reduce Inflation, Reduce Inflation’

Biden: New Analysis Shows My Multi-Trillion Dollar Plans Will ‘Reduce Inflation, Reduce Inflation, Reduce Inflation’


President Joe Biden claimed during a CNN town hall on Wednesday night that a new analysis found that his multi-trillion dollar spending bills would “reduce inflation,” despite the fact that the analysis does not appear to directly say that.

“You seem pretty confident that inflation is temporary, but you’re pumping all of this money into the economy, couldn’t that add to–?” CNN’s Don Lemon said.

“No, look, here’s the deal, Moody’s today … a Wall Street firm, not some liberal think tank, said, if we pass the other two things I’m trying to get done, we will, in fact, reduce inflation, reduce inflation, reduce inflation,” Biden said, “because we’re going to be providing good opportunities and jobs for people who, in fact, are going to be reinvesting that money back in all the things we’re talking about, driving down prices, not raising prices.”

Trending: CDC Finds Massachusetts Outbreak Was Three-Fourths Fully Vaccinated Individuals

The analysis from Moody’s Analytics suggested that fears that Biden’s plans “will ignite undesirably high inflation and an overheating

Continue reading

You Might Like

Daily Truth Report • DailyTruthReport.com
Thanks for sharing!
Send this to a friend