Vice President Kamala Harris is telling people they must āacknowledge that prices are going up.ā
During an interview with WPVI-TV of Philadelphia, a reporter noted a lot of people āgo to the store and donāt feel like their wages are going as far as they want them to.ā
The reporter went on to point out people then āget mad at the gas station.ā
When asked what she has to say to people placing the blame on the administration, Harris replied, āI acknowledge one must acknowledge that prices are going up.ā
She added, āAnd that people are working hard and, in many cases, are worried about whether they can get through the end of the month and make it all work.ā
Watch her comments below:
While delivering remarks from Iowa Tuesday, President Joe Biden attributed the spike in prices to Russian President Vladimir Putinās actions in Ukraine.
āYour family budget, your ability to fill up your tank, none of it should on hinge on whether a dictator declares war and commits genocide a half a world away,ā Biden said.
According to ABC News, a report released by the U.S. Bureau of Labor Statistics found inflation is at its highest point in more than four decades.
āPutinās invasion of Ukraine has driven up gas prices and food prices all over the world,ā Biden said.
He added, āSo everything is going up. We saw it in todayās inflation data.
Biden argued, ā70% of the increase in prices in March came from Putinās price hike in gasoline.ā
To soften the blow of the spike in gas prices, the president announced the Environmental Protection Agency is āplanning to issue an emergency waiver to allow E15 gasoline that uses more ethanol from homegrown crops to be sold across the United States this summer in order to increase fuel supply.ā
Acknowledging it is not going to solve all of the issues, Biden added, āBut itās going to help some people and Iām committed to do whatever I can to help. Even if itās an extra buck or two in the pockets.ā
Earlier this week, CNBC reported the average American driver is currently spending 2.24% of their monthly income on gas.
It is reported that average gas prices this summer are expected to average $3.84 a gallon.
