Biden Considers Taking On Big Food Companies Over High Grocery Prices in State of the Union Address

President Joe Biden is considering addressing the issue of high grocery prices in his State of the Union address. He has focused on the concept of "shrinkflation" and "corporate greed" as factors affecting consumer costs, despite some concerns from aides. The administration is exploring ways to counter the GOP's emphasis on high food prices and is studying potential policy options. Furthermore, the administration is likely to support legislative efforts spearheaded by Sen. Bob Casey, aiming to tackle price gouging and shrinkflation. Despite the challenges and debates surrounding the issue, the White House remains determined to address the impact of high grocery prices on Americans.

Policy Options and Legislative Efforts

The administration is exploring ways to counter the GOP's emphasis on high food prices and is studying potential policy options. Furthermore, the administration is likely to support legislative efforts spearheaded by Sen. Bob Casey, aiming to tackle price gouging and shrinkflation.