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high food priceskatiecouric.com
•72% Informative
Since the onset of the pandemic in 2020 , food prices have skyrocketed by 25 percent , according to data from the Bureau of Labor Statistics .
A group of lawmakers are calling on President Biden to use executive authority to bypass Congress and do something about these rising costs.
A study from the nonprofit Groundwork Collaborative found that corporate profits account for more than 50 percent of inflation.
The White House doesn't play a role in or comment on enforcement actions, a White House spokesperson said.
The lawmakers say Biden could direct the Department of Justice and FTC to scrutinize and potentially block mergers and acquisitions in the food and agricultural sectors to prevent further food industry consolidation.
They say the president could also encourage the DOJ to prosecute those who engage in price fixing.
VR Score
73
Informative language
73
Neutral language
65
Article tone
semi-formal
Language
English
Language complexity
56
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
12
Source diversity
12
Affiliate links
no affiliate links