The Biden administration is trying to crack down on sneaky fees charged by hotels, rental cars, internet providers and more. Jim Tankersley, a White House correspondent, explains why the effort is doubling as a war against something else that Biden is finding much harder to defeat. Guest: Jim Tankersley, who covers economic policy at the White House for The New York Times
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From the New York Times, I'm Michael Balbaro.
This is the daily today, President Biden has declared war on hidden fees that cost american consumers tens of billions of dollars a year.
But as my colleague Jim Tankersley explains, its doubling as a war against something else that Biden is finding much harder to defeat.
Wednesday, May 22 Jim, over the past few weeks, the Biden administration has decided to take on airline fees, about as dreaded an enemy as you can imagine.
And I want you to just describe what the president has done.
Well, Michael, I don't know if you do a lot of flying, but when you do fly on an airline, it turns out there are a lot of additional charges beyond just the price of the ticket.
Now this depends on which airline you fly, but a lot of airlines now, they ask you to select a seat and they might charge you for your selection or for any selection.
Right.
Do they ever, they charge you to have the person you travel with sit next to you and the baby you're traveling with sit next to that person.
Right.
Exactly.
If you want to check a bag on some airlines, that's a fee.
If you want to carry on on some other airlines or with certain tickets, that's a fee.
And so what we have are several airlines that have adopted sort of a business model where you charge low ticket prices upfront, but then you add fees throughout the process and by the end your ticket could double.