Psaki on Inflation Concerns with Spending Bill: It Cuts Child Care, Health, and Housing Costs, Will Help Inflation in the Long Term

On Monday's broadcast of CNN's "Situation Room," White House Press Secretary Jen Psaki responded to inflationary concerns about the Build Back Better reconciliation bill by arguing that inflation increases cost and the bill will lower the costs of child care, health care, and housing and economists say the plan will help inflation in the long term.