Biden Calls Out Snack Companies for 'Shrinkflation,' But Offers No Policy Solutions for Rising Prices

Biden calls on snack companies to stop "shrinkflation," saying it's a "rip-off" when companies cut product sizes but keep prices the same.

Biden offers no specific solutions or policies to address shrinkflation, but calls on companies to "do the right thing."

The Consumer Brands Association responds that Biden is trying to "deflect attention away from inflation" under his administration.

A report shows 10% of toilet paper price increases and 9.8% of snack price increases are due to shrinking product sizes.

Inflation remains Americans' top concern, cited by 22% of poll respondents struggling with higher costs of living.