Democrats see inflation as growing problem for their agenda
By Alexander Bolton - 02/10/22 06:23 PM EST
Democratic lawmakers are acknowledging that rising inflation is becoming a significant political problem that is adding to the difficulty of reviving President Biden’s agenda.
Senate Democrats are discussing the possibility of trying to resuscitate the Build Back Better Act, or major parts of it, as soon as next month but that timeline is now in more doubt than ever after a new report showed that inflation is rising faster than expected.
The Bureau of Labor Statistics reported Thursday that prices have risen 7.5 percent over the past year and 0.6 percent from December to January, exceeding expectations that annual inflation and month-to-month inflation would come in at 7.2 percent and 0.4 percent, respectively.
The price indexes for food and energy rose at an even faster clip, 0.9 percent.
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https://thehill.com/homenews/senate/593800-democrats-see-inflation-as-growing-problem-for-their-agenda
