{"id":730885,"date":"2021-09-08T15:35:15","date_gmt":"2021-09-08T19:35:15","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=730885"},"modified":"2021-09-08T15:35:19","modified_gmt":"2021-09-08T19:35:19","slug":"biden-admin-blames-meatpackers-for-rising-meat-costs-plans-crackdown-amid-growing-inflation-worries","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-admin-blames-meatpackers-for-rising-meat-costs-plans-crackdown-amid-growing-inflation-worries\/","title":{"rendered":"Biden Admin Blames Meatpackers For Rising Meat Costs, Plans Crackdown Amid Growing Inflation Worries"},"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\">28<\/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-admin-blames-meatpackers-for-rising-meat-costs-plans-crackdown-amid-growing-inflation-worries%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=730885&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--><aside id=\"right1forarticles\">\n<\/aside>\n<div id=\"ob-read-more-selector\" readability=\"50.486055776892\">\n<p>President Joe Biden\u2019s administration is blaming meat packers for the rising cost of meat amid the coronavirus pandemic and surging inflation rates.<\/p>\n<p>The Biden administration is planning a crackdown on the four companies that control 55-85 percent of U.S. chicken, beef and pork production for alleged \u201cprice fixing\u201d during the pandemic, according to <a href=\"https:\/\/www.whitehouse.gov\/briefing-room\/blog\/2021\/09\/08\/addressing-concentration-in-the-meat-processing-industry-to-lower-food-prices-for-american-families\/\" target=\"_blank\" rel=\"noopener noreferrer\">a Wednesday fact sheet<\/a> released by the White House. The White House argues these producers are seeing record profits during the pandemic \u201cat the expense of consumers, farmers and ranchers.\u201d<\/p>\n<p class=\"Paragraph-paragraph-2Bgue ArticleBody-para-TD_9x\">\u201cWe\u2019ve helped sustain this market, and it\u2019s frustrating to see these companies turn around and raise prices,\u201d Bharat Ramamurti, the deputy director of the White House\u2019s National Economic Council, <a href=\"https:\/\/www.reuters.com\/article\/usa-meat-biden\/biden-administration-plans-tougher-action-to-rein-in-meat-prices-idUSL1N2QA1L3\" target=\"_blank\" rel=\"noopener noreferrer\">told Reuters<\/a>. \u201cWhat we see here smacks of pandemic profiteering and that is the behavior the administration finds concerning.\u201d<\/p>\n<div id=\"attachment_7270891\" class=\"wp-caption alignnone\" readability=\"34\"><img decoding=\"async\" aria-describedby=\"caption-attachment-7270891\" loading=\"lazy\" class=\"size-full wp-image-7270891\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2021\/09\/GettyImages-1233599534-scaled-1.jpg\" alt=\"Republican Rep. Steve Scalise asks Fed Chair Jerome Powell about inflation during a hearing on June June 22. (Graeme Jennings\/Pool\/Getty Images)\" srcset=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2021\/09\/GettyImages-1233599534-scaled-1.jpg 2560w, https:\/\/cdn01.dailycaller.com\/wp-content\/uploads\/2021\/08\/GettyImages-1233599534-180x120.jpg 180w, https:\/\/cdn01.dailycaller.com\/wp-content\/uploads\/2021\/08\/GettyImages-1233599534-620x414.jpg 620w, https:\/\/cdn01.dailycaller.com\/wp-content\/uploads\/2021\/08\/GettyImages-1233599534-768x512.jpg 768w, https:\/\/cdn01.dailycaller.com\/wp-content\/uploads\/2021\/08\/GettyImages-1233599534-1536x1025.jpg 1536w, https:\/\/cdn01.dailycaller.com\/wp-content\/uploads\/2021\/08\/GettyImages-1233599534-2048x1366.jpg 2048w\" sizes=\"(max-width: 2560px) 100vw, 2560px\" \/><\/p>\n<p id=\"caption-attachment-7270891\" class=\"wp-caption-text\"><em>Republican Rep. Steve Scalise asks Fed Chair Jerome Powell about inflation during a hearing on June June 22. Republicans have made a habit of criticizing the current administration for inflation as it continues to rise. (Graeme Jennings\/Pool\/Getty Images)<\/em><\/p>\n<\/div>\n<p class=\"Paragraph-paragraph-2Bgue ArticleBody-para-TD_9x\">\u201cThe goal of that over time is to bring these prices down,\u201d he added. <strong><a href=\"https:\/\/dailycaller.com\/2021\/07\/12\/inflation-joe-biden-united-states-economy\/\">(RELATED: The Numbers Are In, Biden\u2019s Inflation Is Not Going Away)<\/a><\/strong><\/p>\n<p>The administration plans to address the prices by providing $1.4 billion in funding to smaller meat producers across the U.S., as well as enforce antitrust and price-fixing laws more stringently, according to the White House.<\/p>\n<p>Inflation in the U.S. has <a href=\"https:\/\/dailycaller.com\/2021\/08\/27\/inflation-index-surges-commerce-department-report-united-states-economy-joe-biden\/\" target=\"_blank\" rel=\"noopener noreferrer\">surged to a three-decade high<\/a> since Biden took office. White House press secretary Jen Psaki and other administration officials have argued the inflation is \u201ctransitory\u201d and will be gone by the end of 2022, but many experts say it could be here to stay for much longer.<\/p>\n<p>Americans have seen prices spike in all aisles of grocery stores across the country, not just in meat production. Consumer prices in the U.S. <a href=\"https:\/\/dailycaller.com\/2021\/08\/11\/joe-biden-white-house-consumer-prices-inflation-federal-reserve-economy\/\" target=\"_blank\" rel=\"noopener noreferrer\">rose 5.4 percent<\/a> year-over-year as of early August.<\/p>\n<p>\u201cIt\u2019s also important to note, though \u2014 because we rely on the Federal Reserve for projections \u2014 that they are projecting to come back to normal levels next year, and this is still foreseen as a transitory impact on prices,\u201d Psaki said in August.<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>President Joe Biden\u2019s administration is blaming meat packers for the rising cost of meat amid the coronavirus pandemic and surging inflation rates.The Biden administration is planning a crackdown &#8230;<\/p>\n","protected":false},"author":1,"featured_media":2315279,"comment_status":"close","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-730885","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\/730885","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\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=730885"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/730885\/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=730885"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=730885"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=730885"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}