Reframed Description: Working from the political epicenter, President Joe Biden urgently called on his Republican successor this week to shun the dismantling of his significant legislation addressing clean energy manufacturing projects nation-wide, including GOP-favored regions and legislative bodies. In a speech on Tuesday at the Brookings Institution, a think tank with center-left tendencies, the imminent outgoing US leader questioned, “Would the upcoming president stop a brand-new electric battery factory in Liberty, North Carolina, set to create numerous job opportunities?”
As Biden’s tenure comes to an end, he is working towards consolidating a post-pandemic economic recovery legacy while challenging Republican opponents to uphold the 2022 Inflation Reduction Act – a cornerstone of Biden’s economic blueprint.
Meanwhile, President-elect Donald Trump commits to prune a variety of widespread laws and policies implemented during Biden’s incumbency, once Republicans secure full control of Congress and the White House. Yet, Biden believes the beneficiaries’ loyalty to these projects will discourage his Republican rivals from undoing his work.
Simultaneously, behind closed doors, the Biden administration is striving to secure Biden’s additional major accomplishments from any probable Trump disruption, using whatever administrative tools are available.
Biden has directed his team to draw on as much funding as feasible from four substantial spending packages approved during his term: the American Rescue Plan, the Bipartisan Infrastructure Law, the CHIPS and Science Act, and the Inflation Reduction Act.
Moreover, Biden intends to highlight a separate aspect of the Inflation Reduction Act next month, introducing a new $2,000 ceiling on specified Medicare beneficiaries. Furthermore, federal agencies are finalizing new rules intended to limit overdraft fees charged by banks and prevent businesses from clandestinely imposing “junk fees” on customers before Biden’s departure.
In a recent note to White House personnel, Biden’s main advisor, Jeff Zients, referred to the concluding six weeks as a “sprint to the finish” to “achieve as much as we can for the American people.”