FACT SHEET: The President’s Budget for Fiscal Year 2023

Under the President’s leadership, America is on the move again. We created more than 6.5 million jobs in 2021, the most our country has ever recorded in a single year. Our economy grew at 5.7 percent, the strongest growth in nearly 40 years. And the unemployment rate has fallen to 3.8 percent, the fastest decline…

Press Briefing by Press Secretary Karine Jean-Pierre and National Security Advisor Jake Sullivan

James S. Brady Press Briefing Room 1:19 P.M. EDT MS. JEAN-PIERRE:  Good afternoon, everybody. Q    Good afternoon. MS. JEAN-PIERRE:  Happy Monday.  Q    Happy Monday. MS. JEAN-PIERRE:  I have two things before we get to our guest this morning — or this afternoon. Today, the President and the First Lady will honor the 2023 Teachers of the Year from state and…

Remarks by President Biden on the Build Back Better Agenda

East Room 1:43 P.M. EDT THE PRESIDENT:  Good afternoon.  Last week, we had good news on job growth: 943,000 jobs created in July — the seventh-largest month of job creation in U.S. history — making the administration the first ever to add 4 million jobs in the first six months in office. And then, in…

FACT SHEET: Improving Access and Care for Youth Mental Health and Substance Use Conditions

Even before the pandemic, demand for mental health and substance use services was increasing, especially for our nation’s young people. The COVID-19 pandemic has only made the situation more challenging, subjecting many young Americans to social isolation, loss of routines, and traumatic grief. Epidemiological data now show alarming rates of behavioral health needs among school-age youth, with…

Alleviating Supply Constraints in the Housing Market

By Jared Bernstein, Jeffery Zhang, Ryan Cummings, and Matthew Maury The COVID-19 pandemic shifted families’ preferences for location and type of housing, exacerbating existing supply chain constraints that—for several reasons—have persisted for many years. These pandemic-related changes interacted with the existing housing inventory shortage, resulting in sharp price increases for both owned homes and rental…

Remarks by President Biden at Presentation of the Medal of Honor

2:09 P.M. EST THE PRESIDENT:  Please, be seated.  Thank you.  Good afternoon, and welcome to the East Room of the White House, decorated for the holiday season and to celebrate the gift of gratitude.      It’s an appropriate backdrop for this ceremony, we believe, because our hearts are overflowing with gratitude today as we honor…

UPDATED FACT SHEET: Bipartisan Infrastructure Investment and Jobs Act

On July 28, the President and the bipartisan group announced agreement on the details of a once-in-a-generation investment in our infrastructure, which was immediately taken up in the Senate for consideration. The legislation includes around $550 billion in new federal investment in America’s roads and bridges, water infrastructure, resilience, internet, and more. The bipartisan Infrastructure…

FACT SHEET: President Biden Addresses Over 200 Mayors from Across the Country on the Strong Partnership between Federal and Local Government

Today, President Biden addressed over 200 bipartisan mayors during their annual U.S. Conference of Mayors (USCM) Winter Meeting. This was the President’s first time addressing the entire USCM since taking office. At this year’s convening, the President highlighted the strong partnership between his Administration and mayors during the past year to tackle unprecedented crises, rebuild…

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