Onesignal push notifications8/31/2023 ![]() ![]() Republicans are sharpening their attacks, saying Biden is to blame for inflation and that the American Rescue Plan's massive spending ignited it. But the Silicon Valley Bank failure did not stop the Fed from raising interest rates yet again last week. Inflation remains nearly three times the Fed's target rate, and Biden hopes to stick a recession-free "soft landing" to get it back down. The Federal Reserve took on drastic measures to stabilize things during lockdowns, and Congress passed stimulus bills under both Biden and former President Donald Trump. That may be felt most acutely with the economy. And a majority of those people are women hired."īut with the official emergency ending and the response team disbanding, Biden loses some of his powers, and with the pandemic itself fading into memory, the president will now be tasked with handling its aftermath. "Well, it powered the strongest, more equitable job creation at any point in any administration’s history and created more jobs, 12 million, in the first two years than any administration did in four years. "With the economy reeling and families hurting from COVID, I signed the American Rescue Plan as soon as I took office," Biden said to applause at a Women's History Month event this week. ![]() ![]() HOW MUCH LONGER CAN RON DESANTIS WAIT TO DECLARE A WHITE HOUSE BID? The pandemic helped Biden get elected, remained one of his best-polling issues in office, helped him pass the $1.9 trillion American Rescue Plan, and even provided a legal pretext for pausing and then canceling $400 billion in student loans. The federal emergency over COVID-19 will end on May 11 and with it, one of President Joe Biden's most potent political issues. ![]()
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