And we're seeing it. People are struggling living paycheck to paycheck. And you don't even have to take my word for it. The New York Fed has said that over half of the inflation in this country is being driven by overspending at the federal government. And that's what Joe Biden and Susan Wild have been pushing. They love to spend other people's money, but really that ends up being a hidden tax on all of us. (03:07–03:15)
CLAIM
Asserts that the New York Fed attributes over half of U.S. inflation to federal government overspending.
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.
