As U.S. GDP shrinks, White House adviser weighs in on recession fears

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As U.S. GDP shrinks, White House adviser weighs in on recession fears – CBS News

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President Biden said the economy is in a good place despite GDP falling for two consecutive quarters. Debra Alfarone reports from the White House. Then, Gene Sperling, senior adviser to the president, joined “Red and Blue” to discuss the state of the economy.

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