US President Joe Biden is shortly due to deliver remarks on health care costs, Medicare, social security, and the Inflation Reduction Act from the White House Rose Garden.
- Livestream here: https://www.youtube.com/watch?v=o-PacIm4wA8
- The Biden Administration has been touting the Inflation Reduction Act as a multifaceted and transformative piece of legislation ahead of the midterms.
- White House Press Secretary Karine Jean-Pierre said at her daily press a short time ago: “For decades, Big Pharma and special interests had blocked Medicare from negotiating lower prescription drug prices. President Biden and Democrats in Congress put an end to that through the Inflation Reduction Act. Every single Republican official voted against it.”
- Treasury Secretary Janet Yellen said at an event in North Carolina today: "President Biden’s Inflation Reduction Act will incentivize private sector investment in the transition to a clean energy future, which will lower costs for American families and strengthen U.S. competitiveness."
