Inflation in America is higher than it has been at any point in nearly 40 years. The White House has unveiled a plan to fight inflation, President Biden said during the State of the Union address.
Watch President Joe Biden's full remarks from his first State of the Union address as he vowed to check Russian aggression in Ukraine and "build a better America."
"Now our infrastructure is ranked 13th in the world," Biden said."We won't be able to compete for the jobs of the 21st Century if we don't fix that." Biden proposed capping the cost of insulin to $35 a month and letting Medicare negotiate lower prices for prescription drugs."Middle-class and working families shouldn't have to pay more than 7% of their income for care of young children," he said."My plan will cut the cost in half for most families and help parents, including millions of women, who left the workforce during the pandemic because they couldn't afford child care, to be able to get back to work.
Biden wants to cut energy costs for families by an average of $500 per year while also combating climate change.
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Biden wants to fight inflation by 'building a better America'President Joe Biden will claim during his State of the Union address that his 'plan to fight inflation will lower your costs and lower the deficit.' RestoringAmerica
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State of the Union live: Biden vows to check Russian aggression, fight inflationPresident Biden vowed in his first State of the Union address to check Russian aggression in Ukraine, tame soaring U.S. inflation at home and deal with the fading but still dangerous coronavirus.
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State of the Union live: Biden vows to check Russian aggression, fight inflationPresident Biden vowed in his first State of the Union address to check Russian aggression in Ukraine, tame soaring U.S. inflation at home and deal with the fading but still dangerous coronavirus.
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Biden vows to check Russian aggression, fight inflationPresident Joe Biden wraps first State of the Union, a speech split between attention to war abroad and domestic priorities, stating: 'We are stronger today than we were a year ago. And we will be stronger a year from now than we are today.”
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State of the Union: Biden vows to check Russian aggression, fight inflationPresident Biden vowed in his first State of the Union address to check Russian aggression in Ukraine, tame soaring U.S. inflation at home and deal with the fading but still dangerous coronavirus.
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State of the Union: Biden vows to halt Russia, hit inflationAddressing a concerned nation and anxious world, President Joe Biden has vowed in his first State of the Union address to check Russian aggression in Ukraine, tame soaring U.S. inflation, and deal with the fading but still dangerous coronavirus.
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