US Chamber Criticizes White House for ‘Misguided’ Plan to Address High Meat Prices

US Chamber Criticizes White House for ‘Misguided’ Plan to Address High Meat Prices
President Joe Biden speaks during a video call with the White House COVID-19 Response team and the National Governors Association in the South Court Auditorium at the Eisenhower Executive Office Building in Washington on Dec. 27, 2021. Anna Moneymaker/Getty Images
Andrew Moran
Updated:

The Biden administration’s plan to address higher meat prices is “misguided,” according to the U.S. Chamber of Commerce.

The White House announced on Jan. 3 its action plan to lower meat and poultry prices, which consists of diversifying and enhancing the meat-producing supply chain by expanding independent processing capacity. One component of the administration’s initiative includes $1 billion for smaller producers that will be allocated from the American Rescue Plan, the coronavirus relief package.
Andrew Moran
Andrew Moran
Author
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."
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