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Biden says U.S. Q3 growth shows economic recovery 'continuing to power forward'

Published 10/27/2022, 09:40 AM
Updated 10/27/2022, 09:47 AM
© Reuters. FILE PHOTO: U.S. President Joe Biden, next to U.S. Defense Secretary Lloyd Austin and Chairman of the Joint Chiefs of Staff U.S. Army General Mark Milley, attends a meeting with Defense Department leaders in the State Dining Room at the White House in Was

© Reuters. FILE PHOTO: U.S. President Joe Biden, next to U.S. Defense Secretary Lloyd Austin and Chairman of the Joint Chiefs of Staff U.S. Army General Mark Milley, attends a meeting with Defense Department leaders in the State Dining Room at the White House in Washington, U.S. October 26, 2022. REUTERS/Jonathan Ernst

WASHINGTON (Reuters) - President Joe Biden said on Thursday that a U.S. economic growth rebound in the third quarter was evidence an economic recovery "is continuing to power forward," and said his administration needed to do more to bring prices down for consumers.

"My administration has passed laws that will bring down prescription drug prices and health insurance premiums starting next year. We must do more," Biden said in a statement.

Latest comments

I dont see any economic recovery on my life at the moment. Slow joe out of touch. Please take dementia medication.
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