'He's wrong!' Harris adviser clashes with Fox host who uses Obama aide's words against him

White House economic adviser Gene Sperling clashed with Fox News' Neil Cavuto Thursday as the host went after Vice President Kamala Harris' plan to crack down on price gouging in supermarkets — and Cavuto quoted a former Obama economic adviser who was skeptical of the proposal.

The plan, which is part of a broader package that also calls for lowering housing costs by building millions of new units, has drawn criticism from Republicans characterizing it as a price control scheme. Trump even used it to build his branding of Harris as a "communist."

"Do you really think that some of these food companies are doing sinister things like rigging prices?" said Cavuto. "You know, Jason Furman was an economic advisor as well to Barack Obama, says it's more about supply and demand, that this is not a sensible policy. Referring to what Kamala Harris introduced."

"He's wrong!" said Sperling.

"... It's not about controlling prices. But the more important thing she will do tonight is talk about her biography, who she is, who she fights for. And what you're going to see is a person who, as an attorney general, took on powerful interests to help middle-class families, people being hurt. And what she is doing in her economic speech as well is letting people know, I will not hesitate to take on a major corporate interest that is taking advantage of you, and exploiting prices during a crisis."

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From here, much of the conversation was lost to crosstalk as Sperling and Cavuto tried to raise their voices over each other.

"That's not happening!" said Cavuto as Sperling tried to continue talking. "Do you think food companies are price gouging? Gene ... do you think price gouging is going on?"

"I think that there are nefarious actors in crisis who have taken advantage of things, and I think it's worth looking at the fact that profit margins at the beginning of the yearwere at the highest level in 20 years," said Sperling.

"If you listen to what Kamala Harris said in that speech, she said most companies are good, honest, but there are bad actors, and when there's bad actors, whether they are Corinthian, a company that took advantage of students in the way Trump University did, or prescription drugs companies that raise prices or groceries that manipulate prices, she, unlike Donald Trump, is going to be the champion of the middle class."

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