When he took office in January 21, inflation was 1.4%, interest rates, the Fed rate was near zero. And since then, we've seen Grocery prices [have risen] by some 30%, home prices by 40%, mortgage rates go from 3% to almost 7% [since Joe Biden took office]. It's almost impossible to live in this country. So the president working with Congress, we're trying to get more money in the people's pockets so they can afford this. (01:09–01:11)
CLAIM
Asserts significant increases in grocery prices, home prices, and mortgage rates since Joe Biden took office.
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.
