President Biden has long believed that we must build the economy from the bottom up and middle out, not the top down. As the President says, when the middle class does well, the poor have a ladder up and the wealthy still do very well. He believes the best way to grow the economy, create…
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FACT SHEET: President Biden Announces Plan to Lower Housing Costs for Working Families
Building and preserving over 2 million new homes to lower rents and the cost of buying a home President Biden believes housing costs are too high, and significant investments are needed to address the large shortage of affordable homes inherited from his predecessor and that has been growing for more than a decade. During his…
Statement of President Joe Biden on Unemployment Insurance Claims
This morning, we learned that the number of Americans filing new claims for unemployment has fallen to its lowest levels since the pandemic began – six out of seven weeks of declining claims, and a nearly 60% drop in average claims from the week I took office. That is encouraging news for so many American…
PRICES WEEK FACT SHEET: The Biden-Harris Plan to Boost the Capacity of the Economy and Lower Costs for Working Families
The Administration this week is highlighting its comprehensive strategy to boost the capacity of the economy and lower costs for working families – from addressing supply chain bottlenecks, to making our economy more competitive, and pushing for legislation to ease everyday costs and make more in America. The President will speak to that this afternoon…
Press Briefing by Press Secretary Karine Jean-Pierre, Chair of the Council of Economic Advisers Jared Bernstein, and NSC Coordinator for Strategic Communications John Kirby
James S. Brady Press Briefing Room 1:10 P.M. EDT MS. JEAN-PIERRE: Good afternoon, everyone. Q Good afternoon. MS. JEAN-PIERRE: And happy Wednesday, especially to all those who traveled more than 18,000 miles around the world with us over four days. The President met with more than 20 le- — 20 world leaders, visited two countries. …
Remarks by President Biden on the July Jobs Report
East Room 11:22 A.M. EDT THE PRESIDENT: Good morning. What a good morning. Yesterday, the United States Senate took the additional step toward passing the bipartisan infrastructure bill. It’s a bill that would end years of gridlock in Washington, and create millions of good-paying jobs, and put America on a new path to win the race for…
A New Environmental Justice Playbook for Federal Agencies
By Dr. Jalonne L. White-Newsome, Federal Chief Environmental Justice Officer When President Biden signed Executive Order (E.O.) 14096 on Revitalizing Our Nation’s Commitment to Environmental Justice for All, he called on the federal government to bring clean energy and healthy environments to all, and to recognize, undo, and mitigate harms to those who have suffered…
FACT SHEET: President Biden Is Fighting to Reduce the Deficit, Cut Taxes for Working Families, and Invest in America by Making Big Corporations and the Wealthy Pay Their Fair Share
President Biden is fighting to make the tax system fairer while Republicans continue to push tax cuts for the wealthy and big corporations. The President’s plan delivers tax cuts for families with children and working Americans, invests in America, and reduces deficits by trillions of dollars by enacting a new billionaire minimum tax and cracking…
WHAT THEY ARE SAYING: Biden-Harris Administration Advances Commitment to Protect Old Growth Forests on National Forest System Lands
The Biden-Harris Administration took new and historic steps this week to implement President Biden’s Executive Order to conserve and restore America’s mature and old growth forests. America’s forests are a key climate solution, absorbing carbon dioxide equivalent to more than 10% of U.S. annual greenhouse gas emissions. This week’s actions include a first-of-its kind proposal…
FACT SHEET: President Biden Is Taking Action to Lower Costs for Families and Fight Corporate Rip-Offs
President Biden is fighting to lower costs for American consumers—and he is taking action to address corporate price gouging. Congressional Republicans have no plan to lower costs for Americans and have instead proposed giveaways to the wealthy, big corporations, and Big Pharma that will increase the cost of prescription drugs, utility bills, health insurance premiums,…