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MNI POLITICAL RISK - Biden To Deliver IRA Anniversary Speech

Executive Summary:

  • President Biden will today deliver his second major speech in two days to mark the one-year anniversary of the Inflation Reduction Act.
  • Biden will again be tasked with bridging an information gap amongst voters on his economic agenda. Polling suggests that voters continue to rate Biden’s handling of the economy poorly and report a lack of familiarity with Democrat legislation like the IRA, despite a publicity blitz from the White House.
  • The next two weeks may indicate how the logistics of managing former President Donald Trump’s campaign events and court appearances may impact the 2024 election.
  • Secretary of State Antony Blinken says Friday’s Camp David trilateral summit between President Biden and leaders from Japan and South Korea is unlikely to be dominated by one issue but will deliver, “concrete initiatives.”
  • A conservative group is preparing to spend around USD$2 million on messaging in support of continuing assistance to Ukraine.
  • The US and Iran are reportedly involved in discussions to develop a framework for de-escalating tensions.
  • Poll of the Day: President Biden has strengthened against former President Donald Trump in hypothetical 2024 polling.

Please find the full article attached below:

MNI POLITICAL RISK ANALYSIS - US Daily Brief 16-08-23 .pdf


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