{"id":1073674,"date":"2021-12-01T17:15:01","date_gmt":"2021-12-01T22:15:01","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1073674"},"modified":"2021-12-01T17:15:03","modified_gmt":"2021-12-01T22:15:03","slug":"biden-no-need-to-worry-about-supply-chain-inflation","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-no-need-to-worry-about-supply-chain-inflation\/","title":{"rendered":"Biden: No need to worry about supply chain, inflation"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">18<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fbiden-no-need-to-worry-about-supply-chain-inflation%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1073674&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div id=\"attachment_2599156\" class=\"wp-caption aligncenter\">\n<p id=\"caption-attachment-2599156\" class=\"wp-caption-text\">Joe Biden speaks on supply chain issues in the South Court Auditorium of the Eisenhower Executive Office Building, next to the White House in Washington, D.C. on December 1, 2021. (Photo by MANDEL NGAN\/AFP via Getty Images)<\/p>\n<\/div>\n<h5>OAN Newsroom<br \/>UPDATED 1:12 PM PT \u2013 Wednesday, December 1, 2021<\/h5>\n<p>Joe Biden attempted to downplay the numerous economic crises facing the nation.<\/p>\n<p>Speaking from Washington, D.C. on Wednesday, Biden claimed the economy is currently doing well and is on its way to recovery. This comes despite a looming debt ceiling crisis, an ongoing supply chain crisis and skyrocketing inflation, which Fed Chair Jerome Powell recently said has no end in site.<\/p>\n<p>Biden also touted the release of 50 million barrels of oil from the national oil reserves, which he claimed will ease gas prices. However, many economists pointed out this accounts for only three days worth of oil and will likely have little affect on consumers.<\/p>\n<p>Biden then took time to tout his trillion-dollar social spending agenda, repeating the false claim it would \u201cpay for itself.\u201d<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Tune in as I deliver remarks on our work to strengthen the nation\u2019s supply chains, lower everyday costs for families, and ensure that shelves are well-stocked this holiday season. <a href=\"https:\/\/t.co\/6EoCdo8lsX\">https:\/\/t.co\/6EoCdo8lsX<\/a><\/p>\n<p>\u2014 President Biden (@POTUS) <a href=\"https:\/\/twitter.com\/POTUS\/status\/1466105836112130049?ref_src=twsrc%5Etfw\">December 1, 2021<\/a><\/p>\n<\/blockquote>\n<p>\u201cThe fact is the Build Back Better plan is fiscally responsible. It\u2019s the first major piece of legislation in more than a decade. And it\u2019s not only fully paid for, but will generate more than $100 billion in deficit reduction,\u201d claimed Biden.<\/p>\n<p>Last month, the Congressional Budget Office released a report showing Biden\u2019s Build Back Better agenda would increase the federal deficit by $367 billion over the next decade. The report also found it would cost taxpayers $1.7 trillion over that same time period.<\/p>\n<h4>MORE NEWS: <a href=\"https:\/\/www.oann.com\/texas-landowners-demand-federal-funding-for-migrant-property-damage\/\">Texas Landowners Demand Federal Funding For Migrant Property Damage<\/a><\/h4>\n","protected":false},"excerpt":{"rendered":"<p>Joe Biden speaks on supply chain issues in the South Court Auditorium of the Eisenhower Executive Office Building, next to the White House in Washington, D.C. on December 1, 2021. &#8230;<\/p>\n","protected":false},"author":90,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1073674","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1073674","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/90"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1073674"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1073674\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1073674"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1073674"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1073674"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}