In a recent government meeting, President Biden emphasized his commitment to reducing the cost of living for American families, asserting that despite recent improvements in inflation and wages, prices remain unacceptably high. He contrasted his economic plan with that of former President Donald Trump, claiming that Trump's policies would lead to increased costs and potential recession.

Biden highlighted his background as a middle-class individual, stating that his upbringing informs his approach to economic policy. He outlined a comprehensive plan aimed at lowering expenses on essential items such as prescription drugs, groceries, and housing. According to Biden, independent economists have endorsed his strategies, predicting they would cut costs and bolster the economy, while Trump's agenda, particularly his proposed 20% national sales tax on basic necessities, would burden families with an additional $4,000 in annual expenses.

The President also criticized Trump's past economic decisions, including tax cuts for the wealthy and potential cuts to Medicare and Social Security, which he claimed could jeopardize these programs within six years. In contrast, Biden promised tax relief for middle-class families and support for seniors, emphasizing the importance of affordable healthcare and the protection of the Affordable Care Act.

Biden concluded by framing the upcoming political battle as a fight for the future and freedom, urging Americans to reject policies that would reverse progress made in healthcare and economic stability.