Here’s something Democrats agree on: High gas prices — and the inflation rate they’re driving up — are a huge political liability.

Here’s something Democrats don’t agree on: what to do about it.

On Tuesday, as the new 8.5% annualized inflation rate was announced, President Joe Biden was in Iowa, addressing concerns about energy costs and touting his decision to remove restrictions on the sale of E15, an ethanol-gas mix the administration hopes can ease the proverbial pain at the pump.

“I’m not going to wait to take action to help American families,” Biden said. “I’m doing everything within my power by executive orders to bring down the price and address the Putin price hike.”

Subscribe to the POLITICO Playbook newsletter

Raghu Manavalan is the Host of POLITICO's Playbook.
Jenny Ament is the Executive Producer of POLITICO Audio.