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White House economic director on what Biden administration is doing about inflation

White House economic director on what Biden administration is doing about inflation

ABC News
Sunday, November 14, 2021 02:35:05 PM UTC

Brian Deese appeared on ABC's "This Week" Sunday.

White House National Economic Director Brian Deese acknowledged that "inflation is high and it's affecting Americans in their pocketbook and their outlook," but promised the administration is working to address the rise in costs in both the short and long term.

"That concern actually underscores why it's so important to move forward on the Build Back Better bill that Congress is considering," Deese said in an interview Sunday with George Stephanopoulos on "This Week," making the case for President Joe Biden's nearly $2 trillion social spending bill still being debated in Congress.

"This bill is actually going to address the core costs that American families are facing in child care, in housing, in health care," he added.

As inflation continues to plague the U.S., a new ABC News-Washington Post poll paints a problematic picture for the president on the economy as a whole: 70% of Americans say it is in bad shape, and more than half -- 55% -- disapprove of Biden's handling of the economy.

Read full story on ABC News
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