Karine Jean-Pierre Laughably Claims Biden Has Made “Lowering Costs For Americans A Top Priority”
On 5/3/2023, a reporter asked White House Press Secretary Karine Jean-Pierre, “If the Fed raises interest rates again today, as it’s poised to do, costs for Americans who are borrowing on their credit cards, mortgages, and student loans are going to go up again. So, what does this administration have to say to working families who have already slid into debt over rising inflation and are now going to be paying more?

KJP: … As it relates to inflation more broadly, this is a President that has — when it comes to his economic policy, he’s put lowering costs for the Americans a top priority. And we understand — and you hear this from the President as well — we understand that the American people — some people are still feeling the squeeze and still feeling, kind of, the pressure, if you will, of where we are with our economy.

Jean-Pierre Says Wages “Higher” Than 9 Months Ago, But Real Wages Have Fallen Fastest Pace In 40 Yrs
KJP said, “Inflation is at the lowest rate it has been in almost two years, since May 2020. Inflation has fallen about 45 percent from its peak last year. Wages rose last month and are higher than they were nine months ago, accounting for inflation as well. Gas prices are down about $1.40 … we understand that there’s more work to do. The President gets that and understands that. That’s why the Inflation Reduction Act was so important …

Karine Jean-Pierre: Biden “Working Every Day” To Lower Costs As 70% Say They’re Financially Stressed
Reporter: The Fed just raised interest rates again. And you mentioned that inflation has come down, but it’s still stuck at 5 percent. Is the — is the President frustrated that inflation isn’t coming down more quickly?

KJP: … The President is working every day to — to make sure that we do what we can and — and meet the American people where they are on lowering costs. That’s why he took some historic actions. That’s why we were able to do the Inflation Reduction Act … Where MAGA Republicans, they’re doing the opposite. They’re gutting programs that lower co- — lowering cost; take — take our economy hostage with the default. That’s what they’re threatening …

Karine Jean-Pierre Won’t Say Why Biden Thinks He Can Work Debt Limit Out Before Deadline In 3 Weeks
Reporter: a lot of people are looking at this situation and wondering where the urgency is. Back in 2011, it took the President and congressional Republicans more than three months to reach a deal. Why does President Biden think he can reach one with Republicans in three weeks?

KJP: We’ve been very clear. Right? We’ve been very clear of what this could mean for the American people. This is their constitutional duty. When we’re talking about the spending, this is something that Republicans and Donald Trump spent already … they need to deal with this immediately, deal with the debt ceiling immediately. This is something that they can do today if they choose. And we cannot — we cannot be a deadbeat nation. We cannot.

Q: Invoking 14th Amendment on debt limit crisis unilaterally or not? A: This is their constitutional duty
Reporter: And then, just on the debt limit, there are conversations that have been reported about potentially invoking the 14th Amendment, which would essentially allow the President to deal with this debt limit crisis unilaterally. Can you characterize how serious those discussions are? Have they gone all the way up to the level of the President?

KJP: So, look, we’re not going to entertain scenarios where Congress compromises the full credit — the full faith and credit of the United States. We’ve been very clear from here, the President has been very clear that Congress must act. This is their constitutional duty to act. And we must avoid catastrophic threats to our economy …

Reporter: So does that mean you’ve taken invoking the 14th Amendment off the table?

KJP: What I’m saying is that I’m not going to, certainly, negotiate from here or do anything like that. We’re just not going to entertain scenarios. This is their constitutional duty.

Q: assume McCarthy doesn’t give clean debt ceiling, what then? A: not going to get into hypotheticals
Reporter: On the debt ceiling, assuming obviously that Speaker McCarthy doesn’t go into the meeting next week and say, you know, “Congratulations, you’ve got a clean debt ceiling increase,” what, realistically, is the President expecting to get out of that meeting in terms of commitments, agreements, anything on the debt ceiling and budget?

KJP: He’s going to make it clear to Speaker McCarthy what’s at stake. He’s going to make that very clear. They’re going to have a conversation. They had one earlier this year, and this is a continuation of that

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KJP: Wages Higher But Real Wages Fallen Fastest; 2011 reach a deal 3 months but Biden can 3 weeks?