Biden Blames Cost of Automobiles as One of the Reasons for Inflation

Biden: “By the way, Zeldin voted against the CHIPS and Science Act. Chuck introduced and passed it. Companies are investing across America and manufacturing semiconductors at home. You know, one of the reasons why inflation went up so much the first quarter last year was the cost of automobiles. Why? They could not get computer chips. And ain’t nothing built these days without computer chips.”