In our news wrap Tuesday, President Biden defended his economic policies in the face of the worst inflation in 40 years and said his proposal for taxing billionaires could bring down rising costs. Also, Treasury Secretary Janet Yellen argued abortion rights are key to economic health, the rate of U.S. gun killings jumped 35 percent in 2020, and South Korea's new president takes office. Stream your PBS favorites with the PBS app: https://to.pbs.org/2Jb8twG Find more from PBS NewsHour at https://www.pbs.org/newshour Subscribe to our YouTube channel: https://bit.ly/2HfsCD6 Follow us: Facebook: http://www.pbs.org/newshour Twitter: http://www.twitter.com/newshour Instagram: http://www.instagram.com/newshour Subscribe: PBS NewsHour podcasts: https://www.pbs.org/newshour/podcasts Newsletters: https://www.pbs.org/newshour/subscribe