Mr Biden says the 'need for mental health in America has skyrocketed' amid economic volatility.
Mr Biden spoke to the news agency amid complaints from members of the White House press corps about their lack of access to him.
Asked about the possibility of the US economy dipping into recession, the Democratic president insisted it was "not inevitable".Mr Biden had initially discounted warnings from economists that his spending could overheat the economy, before insisting when inflation arrived that it would be "temporary", only to acknowledge in recent days that elevated consumer prices will persist "for a while".
"If it's my fault," he said, "why is it the case in every other major industrial country in the world that inflation is higher? You ask yourself that? I'm not being a wise guy." A Fox News reporter challenged the White House press secretary about this claim on Thursday, pointing out that inflation is currently lower in other top economies such as Germany, France, Italy, Japan, Canada and India.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Biden Tells Oil Refinery Companies It's Unfair to Pass Gas Costs Onto AmericansBiden asked oil companies how global refinery profit margins could be well above normal during “a time of war,” emphasizing that passing the costs onto American families is “not acceptable.”
Read more »
Biden: Recession 'not inevitable' but Americans are 'really, really down'Reacting to economists' warnings US economy is heading into a recession, President Biden says 'it's not inevitable,' underlining America is in 'stronger position' than any other country in the world.
Read more »
During the Biden-Harris Administration, Nearly 253,000 Americans in 14 States and D.C. Have Gained Access to 12 Months of Postpartum Coverage Through Medicaid and CHIP ExtensionsThanks to the American Rescue Plan, ~ 253,000 people now have access to critical postpartum coverage for 12 months through Medicaid and CHIP. This will help reduce MaternalMortality and improve health outcomes during & after pregnancy.
Read more »
What Joe Biden has previously said about Saudi Arabia as visit confirmedThe visit, set to take place between July 13 and 16, could mark a shift in relations between the two nations.
Read more »
Biden Tells Oil Companies in Letter ‘Well Above Normal' Refinery Profit Margins Are ‘Not Acceptable'This is breaking news. Please check back for updates. President Joe Biden on Wednesday called on U.S. oil refining companies to produce more, saying they need to help alleviate the burden of high prices on consumers. “At a time of war – historically high refinery profit margins being passed directly onto American families are not acceptable,” the president said in…
Read more »
Biden warns Big Oil that he's ready to use 'emergency powers' to boost gas outputNEW: President Biden today will warn CEOs of the nation's largest oil companies that he's considering invoking emergency powers to boost U.S. refinery output, according to a letter obtained by Axios.
Read more »