How the Biden Administration Is Lowering Costs for Americans

What is the Biden Administration doing to lower costs for Americans

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How is the Biden Administration lowering costs for the Americans

In this episode of Queer Money®, we talk with Heather Boushey, one of three members of President Biden’s Council of Economic Advisors and Chief Economist for the Investing in America Cabinet. This episode focused on the state of the economy and how the Biden administration plans to tackle rising costs across the board for all Americans.

Boushey offers her perspective on the state of the economy during the pandemic and the recovery that followed. She emphasizes the administration’s focus on creating good jobs and ensuring that markets are fair and competitive, highlighting the importance of growing the economy from the middle out. She addresses concerns about the cost of housing, especially for millennials and Gen Z, outlining the administration’s plan to create more affordable housing options. Boushey also discusses the Biden administration’s efforts to lower healthcare costs, especially for older Americans, by capping insulin costs and negotiating drug prices.

The episode also explores the rising education costs and the administration’s commitment to tackling student loan debt. Boushey shares her own experiences of receiving gratitude from people who have benefited from student loan forgiveness programs.

Throughout the conversation, Boushey emphasizes the importance of democracy and the challenges of implementing economic policy. She concludes by sharing her optimism about the potential for positive change and the importance of working together to create a more equitable and prosperous future.

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Topics covered on how the Biden Administration is lowering costs for Americans

  • State of the economy during and after the pandemic
  • The Biden administration’s economic agenda
  • The importance of creating good jobs and fair markets
  • Affordable housing initiatives for millennials and Gen Z
  • Efforts to lower healthcare costs, especially for older Americans
  • Addressing the rising costs of education and student loan debt
  • The challenges of implementing economic policy in a democracy
  • The importance of working together for a more equitable future

 

 

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We’re David and John Auten-Schneider, the Debt Free Guys (www.debtfreeguys.com), and the Queer Money® podcast hosts. We help queer people (and allies) live fabulously, not fabulously broke, by helping them 1) pay off credit card debt, 2) become part- or full-time entrepreneurs and 3) save and invest for retirement.

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