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Bid to turn inflation around, push Build Back Better in Union State bill

WASHINGTON – White House press secretary Jen Psaki said on Monday that President Biden would “absolutely” mention “inflation” in his first State of the Union speech – though a senior aide told reporters that Biden may avoid using the word It-ta-e fear.

“The president will be completely using the word inflation tomorrow and he will be talking about inflation in his speech. Of course that’s a huge issue in the American mind,” Psaki said at his daily press conference when asked about his colleague’s remarks.

Inflationary hit a 40-year high last month and a spike in consumer costs are contributing to the bleak national mood and Biden Approval rating drops.

Biden will also try to use Tuesday’s address to revive his effort to pass the roughly $2 trillion Better Build Back Act, White House aides said Monday.

Biden will brush off a stalled social spending plan even though it failed to gain the necessary support of Democrats in the Senate due to inflation concerns.

“I’m not going to go into, you know, whether he said the word ‘inflation’,” an official told reporters on a speech preview call.

Jen Psaki
White House press secretary Jen Psaki speaks during a press conference at the White House, Monday, February 28, 2022, in Washington.
Patrick Semansky

“I’ve been doing this long enough that I won’t make that prediction for more than 24 hours before the final speech and edits are still in place,” she added. “But the point is that he’s going to talk about pricing and cutting costs in a way that helps working families.”

The federal Consumer Price Index shows that overall consumer costs rose 7.5% in January compared with January 2022 – prompting the White House to predict that this figure will begin to decline. Russia Invades Ukraine threaten to send costs even higher due to disruptions to energy and other markets.

An official corrected the White House preview call after initially saying Biden “will talk about price increases that have become entrenched and eroded the economic progress the country is making and tightening.” family budgets.”

When asked if the White House would admit that the price hike was permanent, the aide said, “my colleagues have told me I did it wrong, that I tripped over my word.” . The president will talk about price increases that have become fixed, not that they have become fixed. “

President Joe Biden
Many critics blame President Joe Biden’s policies for soaring inflation.
ROBERTO SCHMID

Biden in December stated that last month’s 6.8% annualized inflation rate is likely to be “peak. He also said in July that inflation is “temporary” when it is about 5 percent.

Senator Joe Manchin Center (D-WV) kill Biden’s Better Rebuilding Act in December – says inflation could get even worse through an ambitious framework that will be federally subsidized childcare, preschool, home health care, housing, hearing aids , electric vehicles and a host of other initiatives.

“I can’t take that risk with a staggering $29 trillion in debt and an inflation tax that is real and harmful to every American who works hard at gas pumps, grocery stores. and utility bills have no end,” Manchin said at the time.

Shoppers pick up fruit
A shopper buys a bag of fruit inside a supermarket in Chevy Chase, Maryland on February 17, 2022.
SHORT MANDEL

Manchin’s “no” vote would mean that the current version of the bill cannot pass the Senate 50-50 even under special budget rules that allow passage of legislation with Vice President Kamala Harris break ties with the Democratic Party.

A second White House official told reporters Monday that the Rebuild Better Act plans would be the highlight of Biden’s appeal to Congress.

“In terms of Build Back Better, I think what you can expect that the president is going to put out tomorrow is his plan – the ideas he’s come up with – to reduce costs for families, maybe reduced the deficit and said it’s time for Congress to act, it’s time for Congress to get him a piece of legislation that addresses the core challenges facing families right now,” he said.

The same official claimed, referring to the stalled legislation, that “the reconciliation bill currently on the table would reduce the deficit.”

Joe Manchin
Senator Joe Manchin (D-WV) speaks to reporters after a closed-door meeting with senators at the US Capitol on February 3, 2022 in Washington, DC.
Drew Angerer

Congressional Budget Office Says the Better Rebuilding Act will add 367 billion dollars in spending is not generous, but Biden argues it will lower the cost of living, especially for those with children.

House passed the long bill in November for $2.2 trillion – but Manchin accused other Democrats of a fraudulent “gimmick” that undercounted its true cost by making the programs The new program lasts for less time than the proposed new revenue. A report requested by Republicans from the Congressional Budget Office said the package would cost about $4.5 trillion and add $3 trillion in deficit spending if the programs were to last more than 10 years, or the same time period used to calculate new sales.

Critics blame Biden’s policies for high inflation, particularly the $1.9 trillion US Rescue Plan Act signed in March 2021. Biden stimulus follows bipartisan law in 2020 delivered about 4 trillion dollars to keep the United States afloat during the COVID-19 pandemic. In November, Biden Signed a $1.2 trillion bipartisan infrastructure bill the CBO says would add $256 billion to the federal deficitthough Biden argues that it will ultimately reduce inflation by improving the transportation of goods.

The president is also expected to dedicate a paragraph of his speech to Russia’s attack against Ukraine launched on February 24 and forced to significantly revise his remarks.

Grocery
A customer support worker at Canales Quality Meats at the East Market in Washington, DC, on February 8, 2022.
STEFANI REYNOLDS

Biden will “outline the efforts we’re making to rally the world in favor of democracy and against Russian aggression,” one of the White House officials said.

Biden’s first State of the Union will take place on Capitol Hill surrounded by riot fences that were installed last week due to concerns about a potential convoy of trucks arriving to protest the COVID-19 order.

This will be the first State of the Union since the outbreak of the pandemic. The most recent state of the Union – in February 2020, shortly before the start of the widespread COVID-19 lockdowns – is best remembered for House Speaker Nancy Pelosi (D-Calif.) Tear up a copy of President Donald Trump’s speech at the time.

Biden spoke at a joint session of Congress last April. However, it is not considered Bang’s address as he has not been in office for a year.

Biden
President Biden will continue to work on his stalled social spending plan even though it does not gain the necessary support of Democrats in the Senate.
ROBERTO SCHMID

This year’s speech came much later than usual as the Omicron variant of COVID-19 caused a record-high US coronavirus infections in January. Guests are not allowed to attend and some members of the House and Senate will be seated in the viewing gallery on the second floor to reduce the risk of virus transmission. The room is expected to be one-third full as usual, and all attendees must have on hand a negative PCR test result.

In a surprise move, the House of Representatives on Sunday abolished the mandate to wear masks indoors in time for the speech – potentially avoiding fresh clashes between Republicans and Democrats, despite many Capitol staff opted to wear masks on Monday.

CDC suddenly redefining Friday mask instructions, which advises Washington DC and many other parts of the country with relatively low transmission rates that they can eliminate cloaking missions. The White House is expected to drop its mask-wearing duties indoors on Tuesday ahead of the speech.

https://nypost.com/2022/02/28/biden-to-spin-inflation-boost-build-back-better-bill-in-state-of-the-union/ Bid to turn inflation around, push Build Back Better in Union State bill

JACLYN DIAZ

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