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President Biden Offers Update On Rising Inflation Costs— “I’m Doing Everything I Can”

In the last few months, the cost of practically everything has been rising, as more Americans than ever before are struggling to make ends meet – but President Biden wants everyone to be patient. President Biden took to social media to assure Americans that he is doing everything he can to fight inflation and reduce the cost of gasoline and food.

Posting to his official Twitter account, President Biden wrote the following message earlier today:

“I am doing all I can to reduce Putin’s price rise and reduce the cost of gasoline and food. I have led the world to coordinate the release of the largest global oil reserves in history, and I am working to get 20 million tons of grain out of Ukraine to help bring prices down. “

In an additional tweet, he added, “Gas prices have risen by nearly $2 a gallon since Putin ramped up his military build-up and those high prices pose a challenge for working families. motion. Today, I am calling on Congress to suspend the federal gas tax for three months to provide Americans with some much-needed relief. “

The call from President Biden for a 3-month federal suspension of gas and diesel taxes would save Americans about 3.6% on pumping at an average of about $5 a gallon nationwide. . He also recommended that state legislators suspend their own gas tax or offer a similar relief option, given that the state gas tax is currently at an average of 30 cents per gallon.

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