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Biden Remarks At White House Meeting Of Governors


President Joe Biden has spoken to the National Governors Association at the White House. He again touted successes of the bipartisan infrastructure bill and hinted at a return of the Child Tax Credit scheme. Biden’s vocal support of the Child Tax Credits scheme at public events suggests that if, and when, Build Back Better returns to Congress it is likely that Child Tax Credit scheme will be retained despite the high cost being cited by Senator Joe Manchin (D-WV) as his primary concern with the bill. In response to costing concerns the White House has sought to identify the social spending program as a remedy to rising inflation and the supply chain crisis.

Here is a summary of Biden’s remarks:

  • American Rescue Plan USD$350M to state coffers.
  • 364k job growth. Biggest in 20 years.
  • Education fund helped keep schools open.
  • Economy not back to normal yet.
  • If people can afford childcare, then they can get back to work.
  • 43 states have received assistance in childcare.
  • ‘We are doing better than any other major nation in the world.’

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