Biden to Address Inflation, Call Out GOP Efforts to Raise Taxes in White House Speech

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Biden to Address Inflation, Call Out GOP Efforts to Raise Taxes in White House Speech
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President Biden will lay out steps his administration is taking to address inflation while taking aim at Republican proposals that will hurt the middle class

and lower consumer prices in a speech from the White House on Tuesday, and will contrast his agenda with the proposals of Republicans, who have made the economy a top line of attack against Democrats as primary season begins.

Biden will also call upon Congress to pass measures included in the Build Back Better plan that Democrats were unable to advance last year because of opposition from Sen. Joe Manchin, D-W.Va. Those include lowering child care and long-term care costs, funding the construction of 1 million affordable homes through tax credits, and passing clean energy and vehicle tax credits that would allow families to save money on their utility bills.

"President Biden has a plan to tackle inflation — by lowering costs that families face and lowering the federal deficit by asking the large corporations and the wealthiest Americans to pay their fair share," the White House said, contrasting that with a Senate GOP proposal that would require all Americans to pay at least some income tax.

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