Rep. Cheri Bustos on President Biden, Inflation

The transcript covers President Biden's efforts to address inflation, including promoting biofuels and ethanol. It discusses the need for a strike force of economists to tackle inflation and highlights the issue of corporations making record profits without paying fair taxes. The impact of rising fertilizer costs on farmers and new agricultural technologies are also explored. Finally, the transcript touches on the debate over maintaining tariffs on China in the context of inflation control.

What solution does the President propose to reduce gas prices?

• Increase oil imports

• Use more ethanol and biofuels

• Subsidize electric vehicles

• Implement price controls

What is the President's stance on corporate profits during inflation?

• Reduce corporate taxes

• Encourage more profits

• Ignore the profits

• Ensure corporations pay fair taxes

What is the purpose of the proposed inflation strike force?

• To promote international trade

• To reduce interest rates

• To gather top economists to tackle inflation

• To increase government spending

What new technology is being introduced to help farmers reduce costs?

• Automated tractors

• Sea and Spray technology

• Genetically modified seeds

• Solar-powered equipment

What is the current debate regarding tariffs on China?

• Whether to increase tariffs

• Whether to remove tariffs to control inflation

• Whether to maintain current tariffs

• Whether to impose new tariffs