Karine Jean-Pierre Assures Us Biden Is “Lowering Costs,” But Costs Have Only Gone Up Under Biden
Reporter: — in general, Americans are seeing energy prices up 24 percent, including electricity, since President Biden took office. Food prices are up 18 percent in the last two years. Manufacturing lost jobs for the last two months in a row. And inflation is outpacing wages for 26 months in a row. How does the President then sell to the American people to keep going with these economic policies?
MS. JEAN-PIERRE: So, look, again, I’m going to be careful about 2024, anything that’s related.
Reporter: (Inaudible) —
MS. JEAN-PIERRE: No, I’m going to answer the question.
Reporter: How about in the next year?
MS. JEAN-PIERRE: I’m going to — I’m going to answer your question. Just want to be — because you said “moving forward,” so I just want to be very careful here. Look, the President always is very clear: When he talks about the economy, he always says — one of the things that he says very frequently is that when it comes to inflation, when it comes to lowering costs, that is a priority for him. And he has shown to do that. And if — you talked about inflation. Annual inflation has fallen over the last nine months. It is moderating … Wages are higher than they were nine months ago, incomes are up, and consumer spending is strong.
Karine Jean-Pierre Can’t Say What Biden Plans To Do To Bring Down Prices, Inflation
Reporter: So in his event this afternoon, with the union event, he says that there’s more that can be done. What is he doing right now? What is that “more” that he could be doing right now?
MS. JEAN-PIERRE: Well, look, he’s always going to make sure to take action when it comes to — I don’t have any — I don’t have anything to announce at this time of any actions that’s being taken. But if you look at the bipartisan infrastructure legislation, you look at the Infla- — Inflation Reduction Act
Klobuchar: should start those negotiations now KJP: not going to negotiate
Reporter: And specifically on Senator Klobuchar’s comments on Sunday about her position on what the President should do with respect to meeting with Speaker McCarthy, she said he should negotiate on the budget. “That is the place to negotiate, and they should start those negotiations now, not using the American people and their mortgages as hostage, because right now [you’ve] got to simply make clear we’re going to avoid default and get this behind us.”
Is that something the President would be open to? Is that something that he is ready, from that specific suggestion, to start at?
MS. JEAN-PIERRE: So, look, here’s what — and I said this at the top — here’s what House Republicans are saying to us, along with the Speaker. They’re saying to us that — that they want us to agree or to support — they — “us,” meaning the Senate — the Senate and the President — to agree with every agenda that they put forth in this bill. The entire agenda. And I said this at the top: That is not negotiable, and that is — that is a devastating ask of us … And to say to us that the only way you want to move forward here is to — for us to agree on everything that they laid out in this bill is just ridiculous. And so that’s what we’re talking about, right? We’re not going to negotiate on — on something that they should be doing, which is avoiding default. And we’ve been very clear we’re just not going to negotiate on that … That’s not what this bill is. It has linked those two things together. And we’ve been very clear that we’re not going to negotiate on default.
Biden risk rattling financial markets? Investors don’t really care who’s to blame;
Reporter: Can I just follow up on that question? Doesn’t the President risk rattling financial markets if he does not agree to speak with the Speaker? Speaker McCarthy says he wants to meet with Biden. Why has that happened yet?
MS. JEAN-PIERRE: It’s the Speaker McCarthy and the MAGA wing of the Republican Party that is doing this. We’re not doing. They’re the ones who are saying they want to hold the American economy hostage. They’re doing this. And what the President is saying is, “You need to do your job.” He’s saying to House Republicans, “You need to do your job, your constitutional duty, and avoid default.” …
Reporter: But investors don’t really care who’s to blame. They just want to know that there’s a plan to avoid default.
MS. JEAN-PIERRE: No, but you’re asking me a question, and I’m answering it. This is — this is — I — honestly, this is a question for Speaker McCarthy and the MAGA wing of Republicans to answer. They are the ones who are holding the — the American economy hostage. Literally, that’s what they’re doing. That is exactly what they’re doing. What we’re doing is calling them out
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KJP Assures “Lowering Costs” but no Plans To Bring Down Prices, risk rattling financial markets? Blame GOPs