Biden: 'That doesn't sound like a recession to me'

President Biden said the U.S. is on “the right path,” as he unveiled a new bipartisan bill to reduce inflation in the economy.

Video transcript

JOE BIDEN: We have a record job market, record unemployment of 3.6%. We've created 9 million new jobs so far, just since I became president. The Inflation Reduction Act will add another $370 billion in clean energy tax credits. That doesn't sound like a recession to me.

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