FACT CHECK: Biden Admin Says Its Stimulus Spending Didn't Spike Inflation
Claim: The Biden administration's $1.9 trillion stimulus package was not the "real cause" of inflation, as prices in the United States did not spike "higher than anyone else."
Who said it: Heather Boushey, an economic adviser to President Joe Biden, during a Monday sit-down with CNBC. Boushey argued that Biden's American Rescue Plan couldn't have been the "real cause" of inflation because prices in the United States did not rise higher than "other countries that did not have the same policies." Instead, Boushey said, the "global pandemic" caused equal inflation...