President Trump is trying to distance himself from rising inflation, claiming that the rise “doesn't do anything.”
Instead, Trump took responsibility for former President Biden in an interview Tuesday, blaming what he characterized as reckless spending during his previous administration.
“Inflation is back. No, think about it. The back of inflation is that the president responded to Fox News' Sean Hannity in an interview with tech billionaire Elon Musk, which aired Tuesday night. He spoke.
“These people run this country. They spent money so no one has ever used it before. They were given $9 trillion to throw it out the window. 9 trillion.” He added.
Trump noted that the Bills became law during Biden's four-year office, and that the government spent money on “the new green scam I'm calling it.”
“The biggest scam in the history of the country. One of them. We have a lot, I think. But one of them. Perhaps on the dollar front, inflation reductions signed into law in 2022. He said he likely would refer to the Biden Signature Act, the Inflation Reduction Act.
US inflation rose more than expected last month. We also ticked the prices of the house, including gasoline, rent, and groceries. The consumer price index rose 3% last month compared to a year ago. According to The Labor Bureau has increased from 2.9% in December.
Experts have warned that even before the president took office that his economic goals could cause an increase inflation, including tax cuts and increasing tariffs on foreign imports amid other proposals. .
Trump praised his billionaire allies throughout his interview Tuesday and gave Musk credibility for implementing some of his sweeping executive orders. He also admitted that it was a difficult battle as the legal battle was triggered against some of his most controversial actions.
“You write a beautiful executive [order] And you sign it, you think it will be done, but that's not,” Trump said.
The commander added that Musk, who commands six major companies, should be able to discover a $1 trillion cut in federal spending.
Tesla CEO-led Government Efficiency Office (DOGE) recently proposed that he was not technically part of the advisory group, but announced on Tuesday that he found $55 billion in savings in January alone I did.
“They're not going to find a bent contract like they do. You know it's bent like hell, Trump told Hannity. “And I'll find this one That means it's not as much. But I think he'll find a trillion dollars.”
“Yeah, I think so,” Musk declared.
