Biden’s unfinished business
1 day, 13 hours ago

Biden’s unfinished business

Politico  

Biden has acknowledged that his economic agenda is at an inflection point. In a recent op-ed in The American Prospect, the president wrote that “the next four years will determine whether the incoming administration builds on this strength.” Trump’s transition team did not respond to a request for comment, but other Republicans have been unsparing in their assessments of Biden’s accomplishments. The bipartisan infrastructure law not only authorized money to rebuild roads and bridges, modernize airports, and replace lead pipes, it also provided funding for electric vehicle chargers, public transportation, broadband expansion and battery manufacturing. Capping it all off was the Inflation Reduction Act, a climate law designed to pump an estimated $527 billion into tax credits to green power plants, cars and factories, with bonuses for companies that bought American and hired union workers, according to a 2023 analysis by the nonprofit Committee for a Responsible Federal Budget. The bills represented a new approach to domestic policy: Biden married progressive priorities, such as combating climate change and redressing decades-old social and economic unfairness, with blue-collar prerogatives such as rebuilding infrastructure and reviving the country’s manufacturing base.

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History of this topic

History Will Be Kinder to Joe Biden Than the Pollsters
1 week, 1 day ago

History Will Be Kinder to Joe Biden Than the Pollsters

Live Mint  

Now that pollsters are declaring President Joe Biden a “failure,” historians will reckon with too many economic signals rendering the prevailing narrative little more than media noise. From the American Rescue Plan Act of 2021 that ushered in the longest period of unemployment below 4% since the 1960s to the Infrastructure Investment and Jobs Act of 2021 that paved the …

Trump's economic plan will be disaster: Biden
1 week, 6 days ago

Trump's economic plan will be disaster: Biden

Deccan Chronicle  

Washington: Outgoing US President Joe Biden on Tuesday branded his successor Donald Trump's economic plans a "disaster," in a speech hailing his own legacy. Biden said Trump's threats to slap huge tariffs on imports were a "major mistake" and challenged Trump to build on what he said were the successes of his own administration. At a separate event Tuesday, Treasury …

Biden Says Trump Economic Plan will be Disaster
Trending News
1 week, 6 days ago

Biden Says Trump Economic Plan will be Disaster

Deccan Chronicle  

Washington: Outgoing US President Joe Biden on Tuesday branded his successor Donald Trump's economic plans a "disaster" in a speech hailing his own legacy in office. Biden said Trump's threats to impose huge tariffs on imports were a "major mistake" and urged the Republican to abandon proposed tax cuts. I think it'd be an economic disaster for us and the …

Biden: Trump’s tax and tariffs plans are a ‘major mistake’
2 weeks ago

Biden: Trump’s tax and tariffs plans are a ‘major mistake’

Politico  

The remarks represented the president’s sharpest and most extensive criticism of Trump since the November election, with his attacks growing more direct as he got deeper into the nearly 40-minute speech. He mocked Trump for his failed first-term infrastructure push and for spurning pledges to “buy American.” And he cautioned that Trump’s plan to renew a set of expiring tax …

Joe Biden rushes to 'Trump-proof' one of his legacy achievements: report
3 weeks, 3 days ago

Joe Biden rushes to 'Trump-proof' one of his legacy achievements: report

Raw Story  

Donald Trump's inauguration is approaching, and outgoing President Joe Biden is at work trying to protect some of his flagship policies that have been passed in the last four years. Under the new Trump administration, the Loan Programs Office "could stop making loans from the program." Biden's officials are trying to ensure billions of dollars are being handed out as …

'Costly': Economic expert warns $1 trillion at stake if Trump kills Biden's programs
4 weeks ago

'Costly': Economic expert warns $1 trillion at stake if Trump kills Biden's programs

Raw Story  

A key economic expert laid bare the potentially devastating consequences to the U.S. economy if Donald Trump tries to unwind President Joe Biden's legislative accomplishments when he takes office. "The White House announced today that the infrastructure bills passed during the Biden administration have spurred over $1 trillion in private sector investments," posted Steven Rattner, an MSNBC economic analyst and …

Biden funded new factories and infrastructure projects, but Trump might get to cut the ribbons
1 month, 1 week ago

Biden funded new factories and infrastructure projects, but Trump might get to cut the ribbons

Associated Press  

WASHINGTON — All that’s left is for President-elect Donald Trump to put his name on it — if he wants. He will deliver.” Natalie Quillian, a deputy chief of staff for Biden’s White House, said that the administration’s programs are already starting to make a positive difference for the economy. “Over the coming months, we will continue to run through …

Biden laid groundwork for new factories and infrastructure, but Trump might get to cut the ribbons
1 month, 1 week ago

Biden laid groundwork for new factories and infrastructure, but Trump might get to cut the ribbons

LA Times  

All that’s left is for President-elect Donald Trump to put his name on it — if he wants. The unemployment rate is low, inflation is easing and President Biden’s administration has teed up a ready-made list of infrastructure projects that could go from theoretical to reality over the next several years. Trump said in September that he would “rescind all …

Biden funded new factories and infrastructure projects, but Trump might get to cut the ribbons
1 month, 1 week ago

Biden funded new factories and infrastructure projects, but Trump might get to cut the ribbons

New Indian Express  

WASHINGTON: All that's left is for President-elect Donald Trump to put his name on it — if he wants. The unemployment rate is low, inflation is easing and President Joe Biden's administration has teed-up a ready-made list of infrastructure projects that could go from theoretical to reality over the next several years. But Biden aides privately told The Associated Press …

Trump vs. Biden’s historic climate agenda
4 months, 3 weeks ago

Trump vs. Biden’s historic climate agenda

Politico  

A limited number of forces might be in place to deter Trump. Besides seeking to repeal Biden’s programs outright, Trump could Here are some of the tools Trump could use to make his assault on Biden’s vision a reality — and the roadblocks he might face: What Trump could do quickly — Easy Rewriting tax rules A central plank of …

Biden vs Trump US Presidential Debate: Economy, climate change and NATO | Who said what?
5 months, 3 weeks ago

Biden vs Trump US Presidential Debate: Economy, climate change and NATO | Who said what?

India TV News  

Atlanta: The United States bore witness to a fiery debate between Democrat Joe Biden and his Republican rival Donald Trump that most agreed ended badly for the 81-year-old US President. Trump lambasted Biden for doing a poor job with the economy and "inflation is absolutely killing us". Trump countered by saying illegal "terrorists" are killing US citizens, calling it a …

Biden Signs $1.2 Trillion Funding Package After Senate's Passage Ended Shutdown Threat
9 months ago

Biden Signs $1.2 Trillion Funding Package After Senate's Passage Ended Shutdown Threat

Huff Post  

LOADING ERROR LOADING WILMINGTON, Del. — President Joe Biden on Saturday signed a $1.2 trillion package of spending bills after Congress had passed the long overdue legislation just hours earlier, ending the threat of a partial government shutdown. “But it rejects extreme cuts from House Republicans and expands access to child care, invests in cancer research, funds mental health and …

Biden sells economic strength, but voters aren't buying yet
11 months, 1 week ago

Biden sells economic strength, but voters aren't buying yet

The Hindu  

U.S. President Joe Biden has good news to sell on the economy as he seeks reelection in November but voters don't seem to be buying it. With the political wisdom saying that US elections are won on "the economy, stupid" -- as the 1992 Bill Clinton campaign famously said -- Mr. Biden could have been forgiven for thinking the economy …

Biden signs a bill averting a government shutdown for now, with Israel and Ukraine aid still stalled
1 year, 1 month ago

Biden signs a bill averting a government shutdown for now, with Israel and Ukraine aid still stalled

Associated Press  

SAN FRANCISCO — President Joe Biden signed a temporary spending bill a day before a potential government shutdown, pushing a fight with congressional Republicans over the federal budget into the new year, as wartime aid for Ukraine and Israel remains stalled. The measure passed the House and Senate by wide bipartisan margins this week, ensuring the government remains open until …

Biden signs a bill averting a government shutdown for now, with Israel and Ukraine aid still stalled
1 year, 1 month ago

Biden signs a bill averting a government shutdown for now, with Israel and Ukraine aid still stalled

LA Times  

President Biden raises a glass at a dinner at the Asia-Pacific Economic Cooperation summit Thursday at the Legion of Honor Museum in San Francisco. President Biden signed a temporary spending bill a day before a potential government shutdown, pushing a fight with congressional Republicans over the federal budget into the new year, as wartime aid for Ukraine and Israel remains …

Joe Biden's economy is, honestly, pretty amazing: How come he doesn't get credit?
1 year, 1 month ago

Joe Biden's economy is, honestly, pretty amazing: How come he doesn't get credit?

Salon  

If the economy is so bad, why are shops and restaurants so packed? Why do so many people tell pollsters that they think Trump and the Republicans would do a better job with the economy when that has literally never been true in my lifetime? It’s unclear whether anyone still believes these deeply wrong and simplistic ideas, but plenty of …

Biden’s team says progress on big public works projects may hinge on the outcome of the 2024 vote
1 year, 1 month ago

Biden’s team says progress on big public works projects may hinge on the outcome of the 2024 vote

Associated Press  

WASHINGTON — The Biden administration has started 40,000 construction projects since the passage of major infrastructure legislation two years ago and is seeking to make the case that continued progress could depend on keeping Joe Biden in the White House after 2024. “This whole thing could get thrown out of the window if somebody else was sitting over there and …

Biden slams Trump on economic record, unemployment in Pennsylvania speech
1 year, 3 months ago

Biden slams Trump on economic record, unemployment in Pennsylvania speech

India Today  

US President Joe Biden on Monday took shots at his likely 2024 rival, Donald Trump, in a Labour Day speech aimed at shoring up support in Pennsylvania, a state he needs to win next year to retain the White House. A self-described champion of labour unions, Biden addressed union workers in Philadelphia as he sought to explain his economic policies …

Biden hits out at Trump in Labor Day speech focused on US jobs, economy
1 year, 3 months ago

Biden hits out at Trump in Labor Day speech focused on US jobs, economy

Al Jazeera  

US president takes repeated shots at his predecessor’s economic record as 2024 election campaign begins to heat up. US President Joe Biden has hit out at the economic policies of his predecessor and likely 2024 election challenger Donald Trump, noting that the United States lost jobs under the former Republican president’s tenure. In a speech in Philadelphia to mark the …

Biden marks 1-year anniversary of climate, health law, says ‘we’re investing in all of America’
1 year, 4 months ago

Biden marks 1-year anniversary of climate, health law, says ‘we’re investing in all of America’

Associated Press  

WASHINGTON — President Joe Biden proclaimed Wednesday his administration is “turning things around” for Americans when it comes to the economy, with his signature climate, health care and tax package giving people “more breathing room” on prices and investing anew in clean energy jobs. “We’re investing in all of America — in the heartland, and coast to coast.” His remarks, …

How ‘Bidenomics’ looks now isn’t what matters. It’s how voters view it in a year that counts
1 year, 5 months ago

How ‘Bidenomics’ looks now isn’t what matters. It’s how voters view it in a year that counts

LA Times  

President Biden delivers remarks on the economy June 28 in Chicago. The economy is growing by about 2% a year, job creation remains strong and — most important from a political standpoint — inflation has eased to 4% from last year’s peak of 9%. Biden’s bet is that if the economy continues to improve, public opinion will evolve as well …

Biden is eager to run on the economy — ‘Bidenomics’ — but voters have their doubts
1 year, 5 months ago

Biden is eager to run on the economy — ‘Bidenomics’ — but voters have their doubts

Associated Press  

WASHINGTON — President Joe Biden is eager to take full political ownership of the U.S. economy — a reflection of the White House belief that inflation is fading, job growth is solid and voters need to know about it. For him, there’s a happy confluence of the coming 2024 reelection campaign and a favorable turn in recent economic data, leading …

Biden pushes econ policy as Trump indictment gets attention
1 year, 8 months ago

Biden pushes econ policy as Trump indictment gets attention

Associated Press  

FRIDLEY, Minn. — President Joe Biden ventured to suburban Minneapolis on Monday to talk about factory jobs and contrast his agenda with “the last guy who had this job.” The “last guy,” as Biden calls Donald Trump, was simultaneously touching down in New York to become the first former president to be arrested. The Biden White House, which has shied …

Biden issues first veto, taking on new Republican House
1 year, 9 months ago

Biden issues first veto, taking on new Republican House

Associated Press  

WASHINGTON — President Joe Biden issued the first veto of his presidency Monday in an early sign of shifting White House relations with the new Congress since Republicans took control of the House in January — a move that serves as a prelude to bigger battles with GOP lawmakers on government spending and the nation’s debt limit. In a video …

Biden budget aims to cut deficits nearly $3 trillion over 10 years
1 year, 9 months ago

Biden budget aims to cut deficits nearly $3 trillion over 10 years

LA Times  

Last month, the nonpartisan Congressional Budget Office estimated that the national debt held by the public will grow by more than $20 trillion over the next decade. President Biden’s upcoming budget proposal aims to cut deficits by nearly $3 trillion over the next decade, the White House said Wednesday. Rohit Kumar, a former McConnell aide who is now an executive …

Biden’s $369bn green plan was hailed as a triumph – but does it live up to the hype?
1 year, 11 months ago

Biden’s $369bn green plan was hailed as a triumph – but does it live up to the hype?

The Independent  

Sign up to the Independent Climate email for the latest advice on saving the planet Get our free Climate email Get our free Climate email SIGN UP I would like to be emailed about offers, events and updates from The Independent. “This bill is the biggest step forward on climate ever and it’s going to allow us to boldly take …

Biden touts infrastructure investments as US midterm vote looms
2 years, 2 months ago

Biden touts infrastructure investments as US midterm vote looms

Al Jazeera  

Amid Republican criticism of US spending, president promotes economic programmes in battleground state of Pennsylvania. US President Joe Biden has underscored his administration’s efforts to strengthen the country’s ageing infrastructure as he pushes to boost Democrats’ prospects ahead of crucial midterm elections next month. Standing by a partially rebuilt bridge that collapsed in January in Pittsburgh, Pennsylvania, Biden said on …

Biden touts legislative record as midterms approach
2 years, 3 months ago

Biden touts legislative record as midterms approach

Associated Press  

WASHINGTON — President Joe Biden ended the summer on a legislative winning streak, chalking up victories that once appeared out of reach in this polarized capital. In an attempt to cut through it all, the White House is escalating its campaign to promote new laws designed to repair the economy and help consumers on a personal level, boosting crucial computer …

Biden signs $740bn health, climate, tax ‘Inflation Reduction Act’
2 years, 4 months ago

Biden signs $740bn health, climate, tax ‘Inflation Reduction Act’

Al Jazeera  

The legislation, though less than Biden originally wanted, brings the largest investment to fight climate change in United States history. US President Joe Biden has signed a $740bn climate change, healthcare and tax bill into law, handing the Democratic Party a much-needed win ahead of the November midterm elections. In a signing ceremony at the White House on Tuesday, Biden …

U.S. Congress passes climate, health bill — a Joe Biden triumph
2 years, 4 months ago

U.S. Congress passes climate, health bill — a Joe Biden triumph

The Hindu  

A divided Congress gave final approval Friday to Democrats' flagship climate and health care bill, handing President Joe Biden a back-from-the-dead triumph on coveted priorities that the party hopes will bolster their prospects for keeping their hold on Congress in November's elections. “Today is a day of celebration, a day we take another giant step in our momentous agenda," said …

Biden hails economic bill amid signs of broad Dem support
2 years, 4 months ago

Biden hails economic bill amid signs of broad Dem support

Associated Press  

WASHINGTON — President Joe Biden hailed a nascent Democratic package of climate, health care and tax initiatives as “a giant step forward” for the country Thursday as congressional leaders began nailing down votes for a campaign-season bill they’ve cast as a boon for voters struggling with inflation. After Schumer briefed Democratic senators on the 725-page measure, Sen. Chris Van Hollen, …

6 months in, Biden’s infrastructure plan has 4,300 projects
2 years, 7 months ago

6 months in, Biden’s infrastructure plan has 4,300 projects

Associated Press  

WASHINGTON — Six months after the signing of President Joe Biden’s $1 trillion infrastructure package, the government said Monday there are 4,300 projects underway with more than $110 billion in funding announced — milestones the administration is publicly heralding as midterm politics intensify. White House senior adviser Mitch Landrieu, the former mayor of New Orleans, said the roads, bridges and …

Biden’s budget plan: Higher taxes on rich, lower deficits
2 years, 8 months ago

Biden’s budget plan: Higher taxes on rich, lower deficits

Associated Press  

WASHINGTON — President Joe Biden announced a budget blueprint Monday that calls for higher taxes on the wealthy, lower federal deficits, more money for police and greater funding for education, public health and housing. Appearing at the White House with his budget director Shalanda Young, Biden said the proposal sends a clear message to the public about “what we value.” …

Biden aims to do what presidents often can’t: Beat inflation
3 years, 1 month ago

Biden aims to do what presidents often can’t: Beat inflation

Associated Press  

WASHINGTON — LBJ tried jawboning. The Ford administration printed buttons exhorting Americans to “Whip Inflation Now.’’ Over the years, American presidents have tried, and mostly floundered, in their efforts to quell the economic and political menace of consumer inflation. Confronting a spike in gasoline and other consumer prices that’s bedeviling American households, Biden on Tuesday ordered the release of 50 …

'Your life is going to change for the better': Biden signs $1 trillion infrastructure deal
3 years, 1 month ago

'Your life is going to change for the better': Biden signs $1 trillion infrastructure deal

India TV News  

President Joe Biden signed his hard-fought $1 trillion infrastructure deal into law Monday before a bipartisan, celebratory crowd on the White House lawn, declaring that the new infusion of cash for roads, bridges, ports and more is going to make life “change for the better” for the American people. “We see this as is an opportunity because we know that …

Biden signs $1T infrastructure deal with bipartisan crowd
3 years, 1 month ago

Biden signs $1T infrastructure deal with bipartisan crowd

Associated Press  

WASHINGTON — President Joe Biden signed his hard-fought $1 trillion infrastructure deal into law Monday before a bipartisan, celebratory crowd on the White House lawn, declaring that the new infusion of cash for roads, bridges, ports and more is going to make life “change for the better” for the American people. “We see this as is an opportunity because we …

Joe Biden Signs Infrastructure Bill, His Second Major Accomplishment, Into Law
3 years, 1 month ago

Joe Biden Signs Infrastructure Bill, His Second Major Accomplishment, Into Law

Huff Post  

LOADING ERROR LOADING President Joe Biden on Monday signed the bipartisan infrastructure bill into law, his second major legislative accomplishment as president following the coronavirus relief package earlier this year, and one Democrats are hoping will lift his shaky political standing ahead of next year’s midterm elections. Biden hailed the bill as “proof that despite the cynics, Democrats and Republicans …

Biden signs $1.2 trillion US infrastructure bill into law
3 years, 1 month ago

Biden signs $1.2 trillion US infrastructure bill into law

Al Jazeera  

A second bill – Biden’s ‘Build Back Better’ plan – is expected to be debated in Congress this week. President Joe Biden signed a $1.2 trillion infrastructure investment plan into law at the White House, offering an optimistic outlook for the improving but still damaged US economy and claiming progress in his ambitious legislative agenda. Biden will visit General Motors’s …

Biden signs historic $1-trillion bipartisan infrastructure bill
3 years, 1 month ago

Biden signs historic $1-trillion bipartisan infrastructure bill

LA Times  

Biden said the legislation will overhaul the nation’s infrastructure and boost its economy, which has been battered by the COVID-19 pandemic. President Biden on Monday signed a historic $1-trillion bipartisan bill that he said will overhaul the nation’s infrastructure and boost the nation’s economy, which has been battered by the COVID-19 pandemic. Rob Portman of Ohio who said he hoped …

Biden: Infrastructure bill will ease economy woes, just wait
3 years, 1 month ago

Biden: Infrastructure bill will ease economy woes, just wait

Associated Press  

BALTIMORE — President Joe Biden touted his $1 trillion infrastructure plan Wednesday as an eventual fix for the nation’s inflation and supply chain woes — if Americans just have the patience to wait for the construction to begin. Biden said the infrastructure spending would create jobs paying $45 an hour, nearly 50% above the current national average. Many Americans have …

Biden hails infrastructure win as ‘monumental step forward’
3 years, 1 month ago

Biden hails infrastructure win as ‘monumental step forward’

Associated Press  

WASHINGTON — President Joe Biden on Saturday hailed Congress’ passage of his $1 trillion infrastructure package as a “monumental step forward for the nation” after fractious fellow Democrats resolved a months-long standoff in their ranks to seal the deal. “I’m so happy to say that: infrastructure week.” The House passed the measure 228-206 late Friday, prompting prolonged cheers from the …

Biden secures bipartisan win with infrastructure vote
3 years, 1 month ago

Biden secures bipartisan win with infrastructure vote

LA Times  

President Biden delivers remarks on the passage of the bipartisan infrastructure bill at the White House on Saturday. President Biden on Saturday marked a major step forward on the rocky path toward enacting his sweeping economic agenda, hailing the passage of bipartisan infrastructure legislation while urging his party to also enact another measure to expand the social safety net and …

Biden Reaches $550 Billion Climate Compromise Days Before Major UN Summit
3 years, 1 month ago

Biden Reaches $550 Billion Climate Compromise Days Before Major UN Summit

Huff Post  

President Joe Biden delivers remarks on his Build Back Better agenda from the East Room of the White House after meeting with members of the House Democratic Caucus at the U.S. Capitol. Kent Nishimura via Getty Images Just a week after fossil fuel stalwarts in his own party killed his signature carbon-cutting proposal, President Joe Biden announced Thursday a compromise …

Biden proposes $1.85 tn social security and climate plan
3 years, 1 month ago

Biden proposes $1.85 tn social security and climate plan

The Hindu  

In a bid to unite Democrats on Capitol Hill around an agenda-defining social security and climate action Bill, U.S. President Joe Biden visited Capitol Hill on Thursday morning, proposing a $1.85 trillion legislative package. Key elements left out The new ‘Build Back Better’ proposal, which has been linked to a $1 trillion infrastructure Bill that passed the Senate and is …

Biden hails domestic policy victory before heading abroad
3 years, 1 month ago

Biden hails domestic policy victory before heading abroad

Al Jazeera  

Biden unveiled a pared down social services package he says will unite the party, before departing for G20, COP26. Biden’s declaration that the new package has the votes needed to pass represented a domestic victory shortly before he departs for a G20 leaders summit in Italy and the United Nations COP26 climate forum in Scotland, where he is expected to …

In budget turning point, Biden conceding smaller price tag
3 years, 2 months ago

In budget turning point, Biden conceding smaller price tag

Associated Press  

WASHINGTON — President Joe Biden and congressional Democrats’ push for a 10-year, $3.5 trillion package of social and environmental initiatives has reached a turning point, with the president repeatedly conceding that the measure will be considerably smaller and pivotal lawmakers flashing potential signs of flexibility. It’s going to be less than that.” Asked how he would trim $1 trillion from …

Bitterness festers as Democrats try again to pass Biden’s economic agenda
3 years, 2 months ago

Bitterness festers as Democrats try again to pass Biden’s economic agenda

CNN  

CNN — A bitter duel between progressives and Senate centrists last week laid bare the mistrust, philosophical divides and practical governing constraints rocking Washington Democrats. Liberal Democrats put an undeniable stamp on Washington by refusing to cave to moderates and blocking a bipartisan $1.2 infrastructure plan without securing a sweeping $3.5 trillion social spending and climate bill in return. And …

Infrastructure talks leave Biden’s entire agenda at risk
3 years, 4 months ago

Infrastructure talks leave Biden’s entire agenda at risk

Associated Press  

WASHINGTON — President Joe Biden’s latest leap into the Senate’s up-and-down efforts to clinch a bipartisan $1 trillion infrastructure deal comes with even more at stake than his coveted plans for boosting road, rail and other public works projects. The president also used several tweets to prod lawmakers, including one saying, “There are no Democratic roads or Republican bridges — …

Joe Biden’s $6T budget: Social spending, taxes on business
3 years, 6 months ago

Joe Biden’s $6T budget: Social spending, taxes on business

India TV News  

President Joe Biden is proposing a $6 trillion budget for next year that’s piled high with new safety net programs for the poor and middle class, but his generosity depends on taxing corporations and the wealthy to keep the nation’s spiking debt from spiraling totally out of control. “Our prosperity comes from the people who get up every day, work …

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