Biden Takes Aim at Grocery Costs With New Initiatives to Aid Farmers and Strengthen Food Supply Chains
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Grocery prices remain high despite inflation slowing in other areas; Biden administration accuses corporations of price gouging
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To fight high prices, Biden implementing supply chain initiative to strengthen food supply chains
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USDA investing $196 million to expand income for farmers, lower food costs, create rural economic opportunities
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Initiatives aimed at improving economy and convincing voters of Biden's economic progress before 2024 election
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Unclear if Biden policies will significantly reduce grocery costs as Americans still feel pinch of high inflation