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President Biden To Deliver Remarks on "Investing In America"

US

US President Joe Biden is shortly due to deliver remarks from Durham, North Carolina on his "Investing in America agenda."

  • Livestream: https://www.whitehouse.gov/live/
  • Earlier today, Biden visited a semiconductor manufacturer and will tout how his administration's legislation has led to a "Made in America manufacturing boom that is strengthening supply chains and national security."
  • Biden is expected to use the remarks to escalate rhetoric with House Republicans over government spending. White House press secretary Karine Jean-Pierre said that Biden wants to demonstrate “what’s at stake if MAGA Republicans in Congress get their way and repeal the Inflation Reduction Act, hike taxes on hardworking families and slash funding for manufacturing innovation and research.”
  • Today the White House rejected a challenge from House Speaker Kevin McCarthy (R-CA) to set aside partisanship and negotiate a path out of the debt ceiling showdown.
  • AP: "Republicans have rejected Biden’s budget but have yet to unveil their own counteroffer to the Democrats’ blueprint, which is built around tax increases on the wealthy and a vision statement of sorts for Biden’s yet-to-be-declared campaign for reelection in 2024."

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