When President Joe Biden discusses the state of the US economy during Tuesday night’s State of the Union address, he will focus on a new plan to lower costs for American families and his administration’s efforts in the labor market’s recovery, senior administration officials told reporters on a call previewing the remarks.

While he’ll tout economic gains over the past year, Biden will underscore there is “more work” to do toward lowering costs – a reflection that despite a strong recovery, many Americans are still pessimistic about the economy.

The President will discuss price increases impacting Americans, laying out a four-point plan to lower costs for