Mr Biden also announced that he is ordering all states to open up vaccine eligibility to all adults by 1 May.
The president used 4 July as a target date for all Americans to be able to gather in small groups of family and friends.
Mr Biden’s address to the nation came just hours after he signed into law a $1.9 trillion stimulus package.
He laid out the steps the administration believes will make the 1 May date achievable, including expanding the types of professionals able to administer vaccine shots.
Dentists, veterinarians and paramedics will all be included in the new approved list.
More than 29.3 million Americans have tested positive for Covid during the pandemic, and 530,000 deaths have been caused by the virus.
Ahead of the address Mr Biden took to Twitter to post an emotional video about the impact of the pandemic on American life and how the country will rally from it.
“The last year has tested us in unimaginable ways, but there is light at the end of the tunnel. We will emerge stronger,” he tweeted.
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