U.S. President Joe Biden on Monday urged companies running gas stations, banks and cell phone services to lower costs for consumers coping with inflation.

During a White House meeting, Biden said that "junk fees" such as bank overdraft fees and cellular phone termination charges were hurting families and that gas station operators needed to lower prices at the pump "now."

Biden's comments were somewhat in contradiction to his argument on CBS News' "60 Minutes" on Sept. 18, 2022, that the latest inflation report, which caused the stock market to nosedive, was up "hardly at all" from the previous month and should be put "in perspective."

When "60 Minutes" asked Biden what his administration can do better and quicker to bring down prices, the president said that the 8.3% annual inflation rate revealed last Tuesday was "just an inch" higher than the previous report and that people shouldn't act shocked at the number.

A number of leading Republicans have been vocal about Biden's inflation denials. Recently, Rep. Claudia Tenney said on Newsmax TV that it is "ridiculous" for the president to claim that there was "zero inflation" in July, because the raw numbers that the administration is using do not reflect the reality that Americans are facing,

"We are seeing a 40-year-high on prices, but the actual on-the-ground pricing is high because of the supply chain issues," the New York Republican said on Newsmax's "National Report." "It's also the cost of gasoline alone, and fuel and diesel, and all these things are affecting the ability to get goods to the market."

Likewise, Rep. Tim Burchett, R-Tenn., recently told Newsmax TV that President Biden either "doesn't get it or he's just lying" about the problems consumers face with inflation.

During an interview on "Prime News," Burchett outlined how rising prices are still a problem that economists take seriously despite Biden's narrative that inflation has barely increased in the past couple of months.

"Gas is up over 25%, the month of August inflation was up 8.3%," Burchett stated. "He talks about an inch — he just doesn't get it, or he's just lying. And I'm afraid he's getting to the point where he just doesn't get it anymore because his numbers [are] plummeting across the country."

• Biden: Despite Stock Market Slide, Inflation Rose 'Hardly at All'
• Biden Touts Inflation Reduction Law Despite Sobering Report
• Rep. Tenney to Newsmax: Biden's 'Zero Inflation' Claim 'Ridiculous'
• Rep. Tim Burchett to Newsmax: Biden 'Doesn't Get It' or 'Just Lying' on Inflation