Washington Times · Jun 10, 2022
Biden claims incremental progress on supply chains amid soaring inflation
President Joe Biden speaks about inflation and supply chain issues at the Port of Los Angeles, Friday, June 10, 2022, in Los Angeles. (AP Photo/Evan Vucci) more >LOS ANGELES — President Biden on Friday praised port workers for speeding up supply chains and said his legislative agenda would cut families’ monthly costs as he grapples with inflation that rose to a new 40-year high in May and remains a huge drag on his presidency.
The president also denounced oil companies for soaring gas prices, saying “Exxon made more money than God this year. Exxon, start investing and start paying your taxes.”