Economic recovery plans, we recovered faster than proper jektd. record 6.7 million jobs created last year and most in the first year of any president in american history. the fastest economic growth in any year in nearly four decades. and looking ahead, i have a plan to reduce the deficit even more which will help reduce inflationary pressures and lower everyone s costs for families. look, it is a plan that lets medicare negotiate prices for prescription drugs as they do with the department of veterans affairs. we can cap the price of insulin at $35 instead of the hundreds of dollars or a thousand a month for some families. my plan provides tax credits to utility companies to generate clean energy. those companies are required to pass those savings on to families. i met with about a dozen of those utility ceos in the white house and they confirm this plan will lower energy bills
Economic recovery plans, we recovered faster than protected. a record 6.7 million jobs created last year, the most in the first year of any president in history, and the fastest economic growth in any year in nearly four decades. looking ahead i have a plan to reduce the deficit even more. it s a plan that let s medicare negotiate the price of prescription drugs as they do with the department of veterans affairs. we can cap the price of insulin at $30 instead of hundreds of dollars and even $1,000 for some families, and my tax generates clean energies. i met with about a dozen of the utility ceos in the white house and they confirmed this plan will lower energy bills for
Economic recovery plans, we recovered faster than projected. the record 6.7 million jobs created last year, most in the first year of any president in american history and the fastest economic growth in any year in nearly four decades, and looking ahead, i have a plan to reduce the deficit even more which will help reduce inflationary pressures and lower everyone s costs for families. look, it s a plan that lets medicare negotiate prices of prescription drugs as they do with the department of veterans affairs. we can cap the price of insulin at $35 instead of hundreds of dollars, even a thousand dollars a month for some. my plan provides tax credits to utility companies to generate clean energy. those companies are required to pass those savings on to families. i met with a dozen of those utility ceos in the white house and they confirmed this plan will lower energy bills for families immediately.
Provide relief for families. that would provide real relief right now. energy costs. we have utility ceos here yesterday. all of them said if we pass the clean energy tax credits in front of congress right now, it would mean that they would lower utility bills for people right now. child care as well. we have a proposal in front of congress that would cut the cost of child care in half. these are practical ways to provide people relief. we could do so without increasing the deficit and as a result not adding to inflationary pressures. we re going to keep focused on this inflation challenge is real, we need to address it, we need to provide people relief and need congress to work on that right now. i want to talk about what s going on across the border, the price of cars a big part of inflation. let me ask you about those protests in ottawa, the disruption of trucking, mayor automakers including ford, toyota, gm issuing statements of concern. they ve had disruption to operations here
Stuff. leaders some leaders in utility ceos, leaders of energy companies, they know this day is coming and are ready to go on carbon regulation, on emissions regulation. most american people don t know that. they just think that the republicans are representing corporate america s interests, but the republicans aren t representing corporate america. they are very moderate compared to republicans, who are way over here. and they made the case that executives, and regulations and put new and we see the executive, and the industry, to go to congress, and and more manageable for us. and i have hear the same argument. the industry not nearly as