Biden Adviser Admits His Spending Will Cause Inflation: ‘Going To Be Bumps,’ Concerns ‘Very Serious’

The Biden administration’s Council of Economic Advisers Chair Cecilia Rouse said on Sunday that Americans will experience inflation because President Joe Biden, a Democrat, has been spending a massive amount of money.

Fox News host Chris Wallace noted that adjusting for the rate of inflation, Biden’s proposed $6 trillion in spending through his first 100 days in office is “more than six times what the nation spent to get us out of the Great Depression in the 1930s.”