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It's worth noting that gas prices are up $1.40 a gallon since putin moved troops into ukraine. so, the president and our team is doing everything we possibly can to get inflation under control. the reality is the cause of this inflation is the supply chain problems that were caused by covid. we're still struggling with them. putin's war is driving the price of food and gas up. we can't deny that. we know americans are struggling. demand changes, demand continues to be strong post-covid in ways that were different than pre-covid. we're committed to it. most important, the fed, obviously the fed...

And two, bringing down the federal deficit at the same time. bringing down the costs, here's where we stand -- the two challenges on the minds of most working families are prices at the pump and prices at the grocery store. both of these challenges have been directly exacerbated by putin's war in ukraine. the price of gas is up $1.40 since the beginning of the year when putin began amassing troops at the ukrainian border. this is a putin price hike. putin's war has raised the price of food because ukraine and russia are two of the world's major bread baskets for wheat and corn and the basic pr...

Where we stand -- the two challenges on the minds of most working families are prices at the pump and prices at the grocery store. both of these challenges have been directly exacerbated by putin's war in ukraine. the price of gas is up $1.40 since the beginning of the year when putin began amassing troops at the ukrainian border. this is a putin price hike. putin's war has raised the price of food because ukraine and russia are two of the world's major breadbaskets for wheat and corn. one of the basic products for so many food around the world. ukraine has 20 million tons of grain in storage ...

Susan, the price has moved higher. it includes what we've seen in the impact of the war in ukraine. but there's a lot of us saying no, $1.40 doesn't account for the war in ukraine. how much of it is attributing to putin here? >> look at the stockpiles and the spr relief. we're looking at 180 million barrels that the government is trying to supply and liquidate the markets here. it's not really helping the prices. you've been to the pumps. we're talking $5 around the corner. $7 in reality. by the way, for every penny increase when it comes to gas prices, that's a billion dollars less when it co...

Your internet bill or utility bill. i read that as a president that said we have to hope for the best new and hope that inflation has peaked and prices will come down when prices come down on their own. >> martha: sounds like when you read that editorial from the president, the fixes are more finding other ways to kind of put money in people's pockets through additional benefits or programs and that that will make what they have to pay at the pump a little bit easier. a little less painless. here's brian deese yesterday. >> we understand the fact gas prices are high because putin invaded ukrai...