Biden's top economic adviser urges passage of economic bill to combat rising inflation
CNN
President Joe Biden's top economic adviser on Sunday cited rising inflation in the US as a reason for Congress to pass the President's massive economic package, arguing the legislation will help stymie rapidly rising prices of consumer goods.
"Well, inflation is high right now, and it is affecting consumers in their pocketbook and also in their outlook for the economy. But those concerns underscore why it's so important that we move forward on the Build Back Better legislation -- this legislation that the House is going to consider this week," Brian Deese, the director of the National Economic Council, told CNN's Jake Tapper on "State of the Union."
When Kenyan President William Ruto touched down in Beijing seven months ago, he was welcomed on the tarmac with a red carpet and cordons of Chinese troops standing at attention. Among the goals of his three-day state visit in October: Securing another $1 billion in loans from China to help complete infrastructure projects.