CNN —
President Donald Trump, in an interview with Fox News’ Sean Hannity that aired Tuesday night, acknowledged that inflation is on the rise again — bucking his campaign promise to lower prices immediately upon taking office. But he said the Biden administration’s runaway spending is to blame.
“Inflation is back,” Trump said. “I had nothing to do with it. These people have — have run the country. They spent money like nobody has ever spent.”
Trump is right about the return of inflation: Consumer prices rose much more than expected last month, the
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