Biden has battled inflation from the start, but critics say he helped fuel it with trillions of dollars in deficit spending during his four years in office.
President Joe Biden had just a single term to try to transform the nation's approach to energy, climate change, technology and jobs. What does he leave behind?
President-elect Donald Trump has vowed to repeal Joe Biden's signature climate bill called the Inflation Reduction Act, which initially aimed at some $400 billion in new spending and tax cuts and credits at accelerating America's transition to a green energy economy.
A top economic adviser to President Joe Biden, Lael Brainard, has offered a statement in reaction to today's CPI report, saying
However, the U.S. Postal Service does have a $2.98 billion contract with a company reportedly far behind on delivering vehicles.
Any full repeal of the Inflation Reduction Act would have to pass both housesof Congress, where GOP lawmakers have been reluctant to completely discredit its benefits.
President Joe Biden's economic policies are working despite the pain inflation has caused for consumers, he during a speech delivered at the Brookings Institution in Washington, D.C., on Tuesday.
Trump's 2024 reelection could define Biden's legacy. Welcome to 538's politics chat. The transcript below has been lightly edited. nrakich (Nathaniel Rakich, senior editor and elections analyst): 'Tis the season for your favorite media outlets to publish "year in review" articles — the year's best movies,
It also created $2.9 billion in loans and grants for hybrid, electric and hydrogen cars. Trump advisers are recommending redirecting money now flowing to building charging stations and making EVs affordable into national-defense priorities.
Producer Price Index (PPI) report’s publication on December 12th, demonstrating a 3% increase in annual inflation for 2024 under President Joe Bi
November's inflation report showed a moderate 2.7% annual increase, which may give the Federal Reserve reason to continue cutting interest rates.
Before giving way to Donald Trump, President Biden is daring the GOP to eliminate his biggest wins and trying to take actions to preserve his agenda.