President Joe Biden's measures to combat inflation

SOURCE www.breitbart.com
President Joe Biden is fighting inflation by lowering the cost of student debt for borrowers with a student loan plan. White House Council of Economic Advisers member Heather Boushey highlighted this and other measures taken by the administration to lower costs for families.

Key Points

  • President Biden focused on using tools to lower costs for families
  • Efforts to negotiate lower prescription drug prices and student debt costs
  • Addressing hidden fees to reduce financial burden on families

Pros

  • Lowering the cost of student debt for borrowers
  • Negotiating with Big Pharma to lower prescription drug prices for seniors

Cons

  • Impact of inflation still being felt by families