POLITICS: This week, US President Joe Biden addresses the matter of inflation. Biden has stated that while inflation has posed a marked problem for Americans over the last 12 months following the close of the nation’s economy and the very gradual economic recovery from COVID-19 , the state of inflation in America is taking on a different direction.
By Michelle Crawford-Sapenter
Today, in a statement made by US President Joe Biden, the President reiterates the fact that inflation has shown some signs of decline adding that there is still much “…more to do.”
Most recently during his tours across the nation, President Biden has discussed the Biden- Harris administration’s success in lowering cost of medicines for diabetics, tge elderly and asthma sufferers. The Biden Harris administration has endured that prescription medicines will not exceed $35 dollars for insulin, $10 dollars for asthma inhalers while the elderly will not pay more tgan $2000 per year for out of pocket medical cost.
More recently, Vice President Harris announced the Biden-Harris administration’s decision made in a new law that prohibits emergency medical bills being charged to the credit records of Americans.
Biden stated, today, that despite the stark rise in housing cost that are accompanied by the outrageous demands for HOA payments, the cost of housing has skyrocketed. President Biden stated that he is working, now, to arrive at a resolution that will lower the cost of housing making housing more affordable to the US public.
Biden indicated that as progress is made in lowering cost in the aforementioned areas and others, such as air travel ghost fees, his administration will ensure that US consumers will be the benefitted by the eventual savings created by these White House efforts of cost reduction.
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