1/ Biden said that tackling inflation is his “top domestic priority” as the average price for a gallon of gas nationwide hit $4.37 – the highest price since 2000 when AAA started keeping track. The Consumer Price Index, which will be released Wednesday, is expected to report that inflation is running above 8% – its highest level in 40 years. Biden also accused Republicans of pursuing an “extreme” agenda that would raise taxes on working class voters and help the wealthiest Americans and big corporations. The GOP plan would require all Americans to pay some federal income taxes, ban debt ceiling increases, and require all federal programs to expire every five years, unless renewed by Congress. About half of Americans do not pay federal income taxes because they do not earn enough. “The bottom line is this: Americans have a choice right now between two paths reflecting two very different sets of values,” Biden said. “My plan attacks inflation and lowers the deficit […] The other path is the ultra MAGA plan.” (New York Times / Washington Post / ABC News / CNBC)
This is a companion discussion topic for the original entry at https://whatthefuckjusthappenedtoday.com/2022/05/10/day-476/