MUST WATCH: Biden falsely claims inflation is at ‘zero’

President Joe Biden falsely claimed Wednesday that the US had "zero inflation" in July just hours after federal Consumer Price Index data showed annual inflation dropped only marginally to 8.5 percent, still near a four-decade high.

Biden said at legislation signing in the White House, "I just want to say a number: zero."

"Today, we received news that our economy had 0 percent inflation in the month of July,  0 percent," Biden added. "Here’s what that means: while the price of some things go up. went up last month, the price of other things went down by the same amount. The result? Zero inflation last month."