Biden is set to mark the anniversary of his signing of a major climate, health and tax law
The White House is ramping up its efforts to illustrate the real-world impact of President Joe Biden’s signature climate, health care and tax law
WASHINGTON — The White House is ramping up its efforts to illustrate the real-world impact of President Joe Biden’s signature climate, health care and tax law by showing how various Americans say they’ve benefited from his economic policies on the anniversary of the so-called Inflation Reduction Act.
At a White House event Wednesday afternoon to celebrate a year since he signed the bill, Biden will stand alongside people — from union workers to small business owners to consumers — who the White House says have been aided by the law. That sweeping package, along with the bipartisan infrastructure law and a massive bill that bolsters production of semiconductor chips, make up the core of what the White House has branded “Bidenomics." It's aggressively promoting the concept as Biden seeks to improve his standing with voters amid his re-election campaign.
Before the East Room event, the administration is rolling out a new online tool on invest.gov that relays stories from across the country about the impact of the president’s economic agenda.
The White House is on a sprint to connect what they say is a popular economic agenda with an unpopular incumbent president, as polls show a majority of voters consistently disapprove of Biden’s handling of the economy even amid signs of a U.S. economic upswing.
The inflation rate has cooled over the past year to a more manageable 3.2% annually, while job growth has stayed solid and the economy has avoided the recession that many analysts said would be needed to bring down prices. On Tuesday, the Census Bureau reported that retail sales have
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