Biden will invoke Cold War-era law to boost medical supplies.

According to the White House, Vice President Joe Biden will utilize a policy from the Cold War era to encourage more investment in the domestic manufacture of medications and medical supplies that the President has considered critical for the nation’s defense.

This declaration is part of several that the Biden administration will release Monday to support industry supply chains and reverse many years of historically high inflation.

The Defense Production Act, passed during the Cold War, gave the Department of Health and Human Services the authority to use those powers to enable spending on “essential medicines,” according to a White House statement.

In addition, one can invest in “medical countermeasures,” which are supplies that can diagnose, prevent, or treat disorders connected to chemical, biological, radiological, or nuclear threats.

Biden, a Democrat seeking re-election in 2024, is keen to demonstrate to the people of the United States that he is combating inflation and addressing broader issues over the condition of the economy in the United States. On Monday, he will preside over the inaugural gathering of a newly established White House Council on Supply Chain Resilience.

On a conference call with reporters, Lael Brainard, the chairman of Vice President Biden’s National Economic Council, stated that while the stress on supply chains had decreased from the record highs reached during the COVID-19 epidemic, more work was still needed.