Biden Cabinet officials roll out new plans to cut costs of living ahead of Trump debate
President Joe Biden's Cabinet will wrap up a barnstorming tour Thursday after two weeks on the road, touting the administration's economic accomplishments ahead of the Democratic incumbent's first debate against former President Donald Trump.
In the 10 days leading up to Thursday's debate, the White House organized 29 public events, featuring more than a dozen top administration officials to promote Biden's economic agenda, a White House official said in a memo announcing the blitz.
The events were spread across 15 states, including key battlegrounds like Georgia, Nevada, Pennsylvania and Michigan.
Treasury Secretary Janet Yellen, National Economic Council Director Lael Brainard and Transportation Secretary Pete Buttigieg have participated in the road show, along with 15 other cabinet members and senior administration officials.
On Wednesday, Domestic Policy Adviser Neera Tanden announced a new plan to temporarily lower the out-of-pocket costs of some prescription medications for seniors, by penalizing pharmaceutical companies that raised drug prices faster than the rate of inflation.
"Seniors were completely exposed to Big Pharma's price hikes. Not anymore," Neera Tanden, White House domestic policy advisor, said in the release.
Earlier this week, Yellen visited Minnesota to announce a new $100 million affordable housing fund.
"Thanks to President Biden's economic plan, the American economy is strong and resilient, with robust economic growth in recent quarters," she said in a speech Monday.
"The labor market is remarkably healthy, with low unemployment, rising real wages and a bigger share of working age Americans in the workforce than before the pandemic."
Throughout the tour, administration officials have amplified economic