The White House Announces Steps To Lower Everyday Costs For Americans
The new steps are meant to lower out-of-pocket costs for consumers and come amid the possibility of a recession.
The White House shared their new efforts to lower Americans’ everyday costs. The new steps are meant to lower out-of-pocket costs for consumers and come amid the possibility of a recession.
The White House plans to lower the price of health care, home heating, and broadband access. This could impact “tens of millions of seniors, students, and families month-over-month”.
The FCC is set to release additional funds this week to support the affordable connectivity program that provides eligible households a $30 monthly credit to assist with the price of their internet service plan or a $75 monthly credit for households residing on Tribal Land.
The Department of Health and Human Services is releasing over half-a-billion dollars to the low income home energy assistance program that funds states to cover American family’s home heating costs.
The announcement regarding the administration’s new steps comes ahead of a CPI report set to reveal the state of inflation.