“I think our policies help, not hurt,” President Joe Biden told the press on Tuesday in response to questions about inflation.

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Reducing the Deficit:

“This week, my administration released new information that contains that we’re on track to cut the federal deficit by another — another $1.5 trillion by the end of this fiscal year — the biggest decline in a single year ever in American history,” President Biden told the press yesterday.

The American Rescue Plan

“With the American Rescue Plan and other actions, we started to grow the economy from the bottom up and the middle out: rescue checks and tax cuts for working families that gave them just a little bit of breathing room and put food on the table and a roof over their heads,” President Biden reminded reporters.

Vaccine Rollout

“Remember the first year — all those long lines of automobiles lined up and going through a parking lot just to get a box of food in their trunk?” Biden asked. “Those — all that — we put — we got vaccine shots in arms that helped us go from 2 million Americans who had been vaccinated to more than 220 million Americans fully vaccinated.

Affordable Care Act Expansion

“And we made it easier for millions of Americans to sign up for coverage under the Affordable Care Act, saving them an average of $2,400 a year,” President Biden said.

Job Creation

“As a result of these and other economic recovery plans, we recovered faster than projected. A record 6.7 million jobs created last year — the most in the first year of any president in American history, and the fastest economic growth in any year in nearly four decades,” Biden went on.