WASHINGTON—The largest inflation gain in three decades is posing a new challenge for President Biden as he seeks to enact another pillar of his economic agenda while also easing Americans’ concerns about rising consumer prices.

The inflation has driven new Republican criticism of Democrats’ $2 trillion social-spending and climate plan, which the White House calls Build Back Better. House Democrats are aiming to wrap up the bill next week and send it to the Senate.

This post first appeared on wsj.com

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

U.S. Weighs Cuts in Cigarette Nicotine to Nonaddictive Levels

The Biden administration is considering requiring tobacco companies to reduce the nicotine…

Transgender student to receive $300K in discrimination suit

MINNEAPOLIS — Minnesota’s largest school district will pay $300,000 to settle a…

Joni Mitchell Will Make a Rare Televised Appearance at the Grammys

When viewers tune in to the 64th annual Grammy Awards on Sunday…

The RNC might be on to something with its presidential debate ban

Feb. 19, 2020. It is a night that still replays almost frame…