President Biden To Deliver Remarks On Bidenomics Shortly

US President Joe Biden is shortly due to deliver remarks on "Bidenomics" to mark the one-year anniversary of signing into law the Inflation Reduction Act.

• Livestream: LINK
• The speech comes as polls continue to suggest that White House messaging on Democrat legislation, like the IRA, CHIPS Act, and Bipartisan Infrastructure Law are failing to resonate with voters who remain sceptical of Biden's handling of the economy.
• Wisconsin is one of the states likely to play a critical role in determining the result of the 2024 presidential election.
• White House Press Secretary Karine Jean-Pierre told reporters yesterday: “The president and his team are excited to bring that message [of the positive impacts of the IRA] to the American people throughout the week."
• FT reported this week that the vast majority of public money legislated by Democrats, largely on party lines, in Biden's first term is destined for Republican Congressional districts.
• If the White House can convince voters of the merits of Biden's agenda in states like Wisconsin, which have showed signs of trending red since the 2016 presidential election, it will likely underpin Biden's bid to retain the White House in 2024.