South Bend TribuneFormer South Bend mayor and now U.S. Transportation Secretary Pete Buttigieg appeared on Fox News Sunday, discussing infrastructure and social spending, pushing for lawmakers to pass two bills he says will be the first steps towards cutting back inflation. It’s been rumored that Democrats may try to bring the social spending bill up for a vote on Tuesday. “This bill will fight inflation,” Buttigieg said. However, other experts, like former Clinton treasury secretary and Obama economic advisor Larry Summers, has said that inflation will continue to be a problem. Summers said, “until the Fed & Treasury fully recognize the inflation reality, they are unlikely to deal with it successfully.”

Source: Fox News November 02, 2021 16:33 UTC