What the President said is the idea that Republicans cause the affordability problem is a hoax. And I think that's true. If you go back to the Biden administration, Inflation got up to 9% under the Biden administration. Okay. Right now it's at 3.5%, by the way, too high. We're doing everything that we can to bring it back down to two and a half percent, which is where most people would like to see it. (03:28–03:31)
CLAIM
Asserts that inflation reached 9% during the Biden administration.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
