President Biden on Monday outlined steps the U.S. is taking to lower gas prices after the Labor Department said inflation hit a 40-year record in March. Mr. Biden announced the Environmental Protection Agency will be issuing an emergency waiver to allow a gasoline blend that includes 15% ethanol to continue to be sold into summer. "It's not going to solve all our problems but it's going to help some people," the president said. #News #Biden #GasPrices CBS News Streaming Network is the premier 24/7 anchored streaming news service from CBS News and Stations, available free to everyone with access to the Internet. The CBS News Streaming Network is your destination for breaking news, live events and original reporting locally, nationally and around the globe. Launched in November 2014 as CBSN, the CBS News Streaming Network is available live in 91 countries and on 30 digital platforms and apps, as well as on CBSNews.com and Paramount+. Subscribe to the CBS News YouTube channel: / cbsnews Watch CBS News: http://cbsn.ws/1PlLpZ7c Download the CBS News app: http://cbsn.ws/1Xb1WC8 Follow CBS News on Instagram: / cbsnews Like CBS News on Facebook: / cbsnews Follow CBS News on Twitter: / cbsnews Subscribe to our newsletters: http://cbsn.ws/1RqHw7T Try Paramount+ free: https://bit.ly/2OiW1kZ For video licensing inquiries, contact: [email protected]