Senator Joe Manchin said Tuesday that government leaders must stop “looking where to put the blame” as inflation hits record highs instead of cutting spending and expanding US energy. Manchin’s scathing statement, DW.Va., comes after he was the strongest internal party critic of the Biden’s handling of the problem for months. However, the president and the Federal Reserve have not done enough to tackle inflation, Manchin said, as it reached a new 40-year high on Tuesday with the consumer price index rising 8.5% from March 2021 to last month. Senator Joe Manchin speaks to reporters outside the Senate Capitol on January 20, 2022. (Kent Nishimura / Los Angeles Times via Getty Images / Getty Images) “When will this end? It’s bad for the American people to act like inflation’s a new phenomenon. “Instead of acting boldly, our elected leaders and the Federal Reserve continue to respond with half-hearted and rhetorical failures looking for where to take responsibility.” “The American people deserve the truth about why record inflation is happening and what needs to be done to control it.” BIDEN FORECASTS INFLATION PERFORMED ITS “DAUGHTER” IN DECEMBER, BUT THE MARCH NUMBERS SHOW THE CPI AT 40 YEARS HIGH Mancin added: “Here’s the truth, we can not go our own way to a balanced, healthy economy and continue to add $ 30 trillion in national debt. He urges the government and Congress, Democrats and Republicans alike, to support an energy policy that addresses all of this, because it is the only way to reduce the high cost of gas and energy while attacking climate change. “ The White House initially dismissed inflation last year as “temporary” before continuing to soar in late 2021 and 2022. It also said inflation was a sign of a good economy at times. White House Chief of Staff Ron Klein retweeted a post that dismissed inflation as a “high-profile problem,” although the White House eventually began to acknowledge its impact on the average American. President Joe Biden is waving as he leaves Air Force One on October 5, 2021, in Lansing, Michigan. | AP Newsroom The White House on Tuesday morning did not issue a statement on inflation figures and President Biden did not receive any questions as he left the White House. Biden is scheduled to speak at 1:45 a.m. in Iowa on “his government’s efforts to reduce the cost to working families,” according to the White House. It is expected to support a move that would allow increased amounts of ethanol in fuels during the summer, which could reduce gas prices by a few cents per gallon. CLICK HERE TO READ MORE ABOUT FOX BUSINESS Mancin killed the Democratic Party line attempt to pass a huge bill on reconciliation spending late last year, largely because of its expected impact on inflation. Arriving for comment Tuesday, Mancin’s office did not specify on Tuesday what specific inflation legislation it could support in Congress this year. Mancin said in an interview with Politico last month that he could support a bill that closely addresses tax reform, prescription drug reform and climate change. “Inflation today is just the beginning, unless we take immediate action to address the pain we feel throughout our nation,” Manchin said. “This is a problem facing the American people that a political party alone cannot solve. The American people can not wait any longer.”
