CBS' O'Keefe: Biden Celebrated Inflation Act That 'Does Nothing to Address Short-Term Price Hikes'

On Wednesday's "CBS Mornings," CBS News Senior White House and Political Correspondent Ed O'Keefe stated that the Inflation Reduction Act that President Joe Biden held an event celebrating the passage of on the same day as the release of the August Consumer Price Index (CPI) report, "does nothing to address short-term price hikes."