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-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.
However, the U.S. Postal Service does have a $2.98 billion contract with a company reportedly far behind on delivering vehicles.
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,
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.
Despite historic climate wins, environmental groups weren't energized by the Biden-Harris ticket. Expect that to shift under Trump.
Joe Biden isn’t winning any popularity contests at the moment ... “They refused to acknowledge until very late that anyone could be upset about inflation,” Mr Favreau said during one episode, referring to Mr Biden’s staff.
Producer Price Index (PPI) report’s publication on December 12th, demonstrating a 3% increase in annual inflation for 2024 under President Joe Bi
The Biden administration announced on Thursday it has formally submitted new goals as part of the United Nations as part of the Paris Agreement to cut emissions by up to 66% by 2035.
The Personal Consumption Expenditures index climbed by 0.1% in November on a month-over-month basis, the Bureau of Economic Analysis said in a statement Friday.
Democratic president defends the economic record that failed to carry Vice President Harris to victory in November vs. Trump.