reports this tuesday, the president is expected to talk, the nations faces inflation, supply chain problems and soaring gas prices, to mention a few. i m john roberts in washington. good to see you again. john: and good to be with you. sandra: raising interest rates since the fastest pace since the 1980s and soaring prices have americans paying more for just about everything. john: the pain at the pump, a big bite of american s wallets, as the cost of gas surged to another record, and the economic woes could worsen. an already backlogged global supply chain. sandra: gene sperling is a senior adviser to the president, he will join us in moments. john: but first, peter doocy live from the north lawn. who is the president blaming for inflation today? peter: somebody else, john, hearing from the president and top staffers they don t think the biden administration policies are to blame for rising prices, they think a lot of the responsibility lies still with vladimir
plans to tackle the problem? larry: i didn t see anything new in the piece and i think what john just mentioned or hillary vaughn just mentioned, there is no pledge to freeze domestic spending. this piece in the journal today is just full of spending increases, spending for childcare, spending for the elder, spending for healthcare, spending for infrastructure, only p.a. is ruled out. if you are not going to cut spending, then you are not going to win the fight against inflation and he talks about how deficits have come down, that s true for this year, because of the end to a lot of the emergency stimi of march of 2021. that s it. you look at the cbo baseline you are going to run debt share of gdp 110% over the next ten years. spending at record high, 23.5% of gdp. no end to the spending and the