PoliticsEconomy / Finance

Biden Says He Won’t Be Able to Bring Down Gas or Food Prices in Near-Term

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Joe Biden said on Wednesday it was unlikely his administration would be able to bring down the cost of inflation, including gas and food prices, any time soon. The national average gas price reached a new record on May 17 at $4.67 a gallon, which is 45 cents higher than the price one month prior, and $1.58 more than a year ago, according to American Automobile Association. “The idea we’re going to be able to, you know, click a switch and bring down the cost of gasoline is not likely in the near-term, nor is it with regard to food,”…

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