Klain: Cost Squeeze Has Existed 'for Decades' and Inflation Reduction Act 'Will Control Inflation Next Year'

On Thursday's broadcast of MSNBC's "Morning Joe," White House Chief of Staff Ron Klain said that "people are being squeezed by high prices. The cost of living squeeze on families has been with us for decades. It isn't solved yet." And Democrats "made some significant measures this year," "that will control inflation next year" through the Inflation Reduction Act.