President Biden To Deliver Second "Bidenomics" Speech

President Biden is shortly due to deliver his second "Bidenomics" speech in as many days. Yesterday, Biden outlined how big-ticket Democrat legislation would address supply chain and national security concerns associated with dependency on China, and how government investment was creating a manufacturing boom in the American heartland.

• Today, Biden will deliver remarks on "lowering costs for hardworking Americans," where he will announce actions to "lower health care costs and crack down on junk fees."
• According to the White house, “New proposed rules would close loopholes… that allow companies to offer misleading insurance products," that "leave families surprised by thousands of dollars in medical expenses...” Livestream
• The White House describes the "series of new actions" to lower health care costs and crack down on junk fees as, "a core pillar of [the President's] 'Bidenomics' agenda."
• Biden must convince sceptical voters that government investment can effectively address inflation and rising energy prices as Republicans link the White House moniker "Bidenomics" with pocketbook issues which are likely to figure prominently on the 2024 campaign trail.