Grocery Stores

Biden Takes Aim at Grocery Chains Over Food Prices

Biden Takes Aim at Grocery Chains Over Food Prices

Food prices have been skyrocketing in recent years, causing significant financial strain on American families. And now, President Biden is turning his attention towards grocery chains, aiming to address this pressing issue. The rising prices have hit low-income families the hardest, especially those who don’t qualify for government assistance programs like SNAP. These families are paying an astonishing 25% more for groceries, which is simply unsustainable.

A new analysis from the White House Council of Economic Advisers suggests that large grocery retailers have been increasing their profit margins, contributing to the persistently high prices.… Continue reading