Biden Calls Inflation 'Bane of Our Existence'

The transcript discusses the challenges President Joe Biden faces due to inflation, particularly in food and gasoline prices. It highlights the political implications as the midterms approach and Biden's acknowledgment of the limitations of his powers to address inflation immediately. The discussion also covers potential strategies like reducing the deficit, lowering prescription drug costs, and legislative efforts that could help mitigate the situation.

What is the significance of prescription drug costs in the context of inflation?

What political pressures is President Biden facing regarding inflation?