CULPEPER, Va. - President Joe Biden on Thursday touted how his "Build Back Better" policies would limit the cost of prescription drugs and make life more affordable for U.S.
families during an appearance in Virginia.Biden’s visit to the town of Culpeper, Virginia, came on the heels of the release of the U.S.
inflation report, which showed that consumer prices jumped 7.5% last month compared with a year earlier. It was the steepest year-over-year increase in four decades.The pandemic disrupted supply chains and government aid boosted consumer demand, causing prices for gasoline, food and other goods such as autos to rise earlier this year."Inflation is up.
It’s up." Biden said. "But the fact is that if we’re able to do the things I’m talking about, it will bring down the cost for average families."The president said he will "work like the devil" to bring down gas prices and that "everyone has less money in their pockets today because of high drug costs," as he pledged that his policies would give family budgets some breathing room.