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President Joe Biden attends a virtual meeting with family and independent farmers and ranchers including Scott Blubaugh, President, Oklahoma Farmers Union, visible on the monitor, at the South Court Auditorium in the Eisenhower Executive Office Building on the White House Campus in Washington, Monday, Jan. 3, 2022, to discuss work to boost competition and reduce prices in the meat-processing industry. (AP Photo/Andrew Harnik)

Biden issues plan targeting U.S. meat firms in efforts to alleviate inflation

Joe Biden attempted to tame record high meat prices with more government spending. On Monday, he met virtually with independent farmers and ranchers to lay out initiatives to reduce food prices by increasing competition within the meat industry.