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Biden uses State of the Union speech to tout his economic track record

Mar 8, 2024
He cited job growth and cheaper drugs for seniors, among other things.
During the State of the Union address on Thursday, President Joe Biden touted the strong labor market the U.S. has seen under his presidency.
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No screen is likely to be safe from the deluge of political advertising this year.
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To make its economic pitch to voters, the Biden administration puts a spin on a familiar term

Jun 28, 2023
"Bidenomics" is a brand identity the campaign hopes Americans will associate with good things.
President Joe Biden speaking in Chicago, where he branded his economic agenda "Bidenomics."
Andrew Caballero-Reynolds/AFP via Getty Images

The debt limit deal would reduce government spending by about $1.5 trillion

May 31, 2023
Reduced government spending can have an impact on the broader economy. But economists say the effects will likely be limited.
"It does slow the economy, but not in a particularly meaningful way," said economics professor Justin Wolfers of the debit limit deal reached by House Speaker Kevin McCarthy and President Joe Biden.
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The markets are taking debt limit uncertainty in stride — for now

May 9, 2023
Stock markets aren't upset by the debt limit debate. But that could change as the June 1 default deadline draws closer, analysts say.
The stock market doesn't have a lot to react to because little is happening in terms of raising the debt limit, says Ian Dew-Becker, a finance professor at Northwestern University. Above, a trader at the New York Stock Exchange.
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White House warns companies of growing cyberattack risk

Mar 22, 2022
While big energy and financial firms are better defended than they used to be, other critical industries are still vulnerable.
President Joe Biden warned companies against potential Russian cyberattacks this week. Experts say the U.S. is unprepared for such cybersecurity threats.
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President Biden signs defense spending authorization bill into law

Dec 31, 2021
The defense spending authorization bill for fiscal year 2022 is a big increase from previous years. It's also more than the President originally requested. And compared to recent social spending legislation, the bill passed relatively smoothly.
President Joe Biden signed the National Defense Authorization Act, which will provide pay increases and expand paid family leave, into law this week.
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Checking the roads and bridges to grandmother's house

Nov 24, 2021
What will the infrastructure bill do for 60-year-old Putty Hill Avenue Bridge — which supports 17,000 vehicles daily — and similar sites?
Each day, more than 17,000 vehicles use Maryland's 60-year-old Putty Hill Avenue Bridge, which has suffered wear and tear.
Nancy Marshall-Genzer

Biden seeks to keep Powell in place, elevate Brainard at Federal Reserve

Nov 22, 2021
Brainard will be nominated for vice chair. The two officials typically agree on monetary policy but sometimes diverge on regulation.
President Joe Biden names Jerome Powell, left, as his nominee for Federal Reserve chair and Lael Brainard, right, as vice chair.
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Native leaders raise economic issues at First Nations Summit

Nov 15, 2021
During the summit, tribal leaders drew attention to the lack of investment in the Indian Health Service.
President Joe Biden at the Tribal Nations Summit. In his opening remark, Biden noted the disproportionate toll COVID-19 has taken on Indigenous communities.
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