Biden Defends His Plan To Fight Inflation
The Lead with Jake Tapper
CNN
3.5 • 1.7K Ratings
🗓️ 10 May 2022
⏱️ 40 minutes
🧾️ Download transcript
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| 0:00.0 | President Biden says the U.S. economy went from on-the-mend to on-the-move, but in |
| 0:07.7 | what direction the lead starts right now? |
| 0:11.6 | Stickershock gas prices hit a record high and are on track to go even higher. |
| 0:17.1 | Plus, Putin's new target, Ukraine's port city of Odessa. |
| 0:21.6 | What the hypersonic missiles used in the attack may say about Russia's capabilities. |
| 0:27.1 | And grim discoveries, as the water drops in America's largest reservoir, human remains |
| 0:32.9 | keep popping up. |
| 0:34.4 | How the findings could have mafia connections. |
| 0:42.8 | Welcome to the lead on Danabash in for Jake Tapper, and we start with our money lead |
| 0:46.6 | and a rough day for the American economy and your wallets. |
| 0:50.6 | Gas prices hit a new record today with the national average for one gallon, reaching |
| 0:55.5 | $4.37, according to AAA. |
| 0:59.4 | That's up 17 cents in one week and 25 cents in a month. |
| 1:04.4 | To make things worse, U.S. Treasury Secretary Janet Yellen was on Capitol Hill today where |
| 1:08.9 | she warned, this economic turbulence will continue. |
| 1:13.2 | At the White House, President Biden acknowledged Americans are facing high sky-high inflation. |
| 1:19.4 | Although he tried to reassure the public, his administration is doing everything he can |
| 1:23.8 | to bring prices down. |
| 1:25.3 | But the president also did not lay out any new steps. |
| 1:28.7 | He plans to take, instead spending a large part of his speech attacking Republicans for |
| 1:33.0 | what he calls their ultra-maga agenda to raise taxes. |
| 1:36.5 | CNN's MJ Lee starts off our coverage today from the White House. |
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