WASHINGTON DC – Brian Deese, director of the White House’s National Economic Council, expressed optimism about the Build Back Better Act’s prospects days after President Biden‘s social spending package passed in the House.
Speaking with “Fox News Sunday” guest host Bret Baier, Deese defended the bill against criticisms that it could worsen already elevated inflation.
“There’s no question inflation is high and it’s affecting American consumers and it’s affecting their outlook, but that’s actually why we need to move on this Build Back Better bill right now,” said Deese.
“Experts across the board have looked at it and have concluded that it won’t increase inflation because it’s paid for,” he added. “When you pay for investments, you don’t actually add aggregate demand to the economy.”
To read more, click on The HIll
