President JoeBiden mixed talk of reducing inflation with attacks on Republicans during remarks in the Eisenhower Executive Office Building.
Biden identified inflation as his top economic priority on Tuesday morning, touting moves he's made or wants Congress to make in order to fight it, and lashed out at a Florida senator's plan that Biden warned would reward corporations while harming the middle class."Our economy has gone from being on the mend, to on the move," Biden said while acknowledging that"families all across America are hurting because of inflation.
Biden called on Congress to confirm his nominees to the Federal Reserve, make oil and gas companies pay fees on idled wells located on federal land, and pass clean energy and vehicle tax credits. "Normally, we'd already have begun to export them into the market, but it hasn't happened because of the invasion," he said.
Republicans, by contrast, have no plans to bring down energy prices today or to get the United States into a clean energy future, he added. While touting a minimum tax for corporations, he said the Scott plan includes new minimum taxes for individuals.
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