President Biden ran for office with a new economic vision: to grow the economy from the bottom up and the middle out, not the top down. On Tuesday, the President will make a strong case that the Biden-Harris economic strategy is producing historic results, and lay out his plan to tackle the economic challenges ahead. He will underscore that during his first year in office, due in large part to the American Rescue Plan, entrepreneurship and business investment rebounded, the economy achieved its fastest job growth in American history, the fastest economic growth in nearly 40 years, and a faster recovery than every other advanced economy. And, he will emphasize that this progress is occurring amidst an historic shift from the old, outdated trickle-down approach to one that centers on workers, families, and small businesses.
During his first State of the Union Address, the President will also make clear that there is more work to do to rebuild the economy towards resilience, security, and sustainability. Too many families continue to feel the squeeze of higher costs. The President will make clear that price increases that become entrenched are pernicious, and eat away at the economic progress the country is making. The President will lay out his plan to lower costs for American families while continuing an historically strong economic recovery by:
A California lawmaker is suing Sacramento police for falsely accusing her of driving under the influence, saying the case may have been motivated by her tough-on-cops legislation or possibly becaus...