Last year, the Biden administration unveiled the first set of prescription drugs that are subject to price negotiations with Medicare -- a milestone for Democrats in their yearslong push to lower rising health care costs.

He celebrated the effort, telling the crowd: "With a law I proposed and signed and not one Republican voted for we finally beat Big Pharma."

"Now it’s time to go further and give Medicare the power to negotiate lower prices for 500 drugs over the next decade," Biden proposed. "That will not only save lives it will save taxpayers another $200 billion."

Voters have disapproved of how the economy is doing since Biden took office, though most of the measures economists look at have been increasingly strong. Biden's been trying to convince voters that his economic plans will deliver, but that’s been a hard sell even with his own voters.

Despite Americans’ economic outlook is improving, they haven’t so far given Biden credit, and it hasn’t translated into increased approval ratings for him.

-Monica Potts, 538

Biden, who has faced low poll numbers on his handling of the economy, highlighted the positive numbers on unemployment, job growth and cooling inflation from headline-making highs.

"Wages keep going up, inflation keeps coming down," he said to applause. "Inflation has dropped from 9% to 3%, the lowest in the world and trending lower."

"It takes time but the American people are beginning to feel it," he said.

Biden recalled how four years ago this month, the U.S. was hit by the "worst pandemic and the worst economic crisis of the century."

"I came to office determined to get us through one of the toughest periods in the nation's history," he said. "It doesn't make news, but in a thousand cities and towns the American people are writing the greatest comeback story never told."

Biden touted that 15 million new jobs were created in just three years after the onset of COVID-19 and unemployment is at 50-year lows. A "record" 16 million Americans are starting small businesses, he said.

He also suggested that the country has moved beyond the pandemic, though people continue to die from the disease every day -- at much lower numbers than before the advent of vaccines.

Biden vowed to protect the Affordable Care Act, aka Obamacare, which he said provides health insurance to more than 100 million people who would otherwise be denied it due to pre-existing conditions.

"But my predecessor and many in this chamber want to take that protection away by repealing the Affordable Care Act," he said, as some in the chamber booed. "I won’t let that happen!"

"We stopped you 50 times before and we will stop you again!" he continued.

Republicans have for years tried and fail to repeal and replace the law, which has grown increasingly popular with the public.

In addition to protecting Obamacare, Biden said he wants to expand it by making permanent tax credits set to expire next year that save families $800 annually.