Description: Based in the capital, Joe Biden, the President of the United States, has issued a forthright plea to the upcoming Republican president not to dismantle his ground-breaking legislation that boosted various clean-energy manufacturing initiatives across America. This includes regions under the GoP influence and sectors of the Congress. During a discourse on Tuesday at the Brookings Institution, which entertains centre-left leanings, the nearly departed US head raised the question, “Could the soon-to-be president stop a new electric battery factory in Liberty, North Carolina, capable of creating a myriad of jobs?”
As his administration is nearing its end, President Biden’s prime objective is to carve out a legacy associated with post-pandemic economic restoration. At the same time, he poses a challenge to his policy opposition- the Republican members of Congress- to help maintain the 2022 Inflation Reduction Act, a critical cornerstone of Biden’s economic blueprint.
On the other hand, the future president, Donald Trump, has vowed to unravel several expansive laws and policies put in place during Biden’s term, as Republicans seek full control over Congress and the White House in his second term. Biden conjectures that both the proposed projects and related jobs will gain so much acceptance among the recipients that his Republican rivals will hesitate to dismantle them.
Simultaneously, the Biden administration is working clandestinely to wield the remaining set of tools at its command to protect other Biden accomplishments from likely Trump deconstruction secrets and to navigate potential Republican supremacy. This modus operandi is synonymous with a long-standing Washington practice where the outgoing government usually instates last-minute policy modifications before the incoming opposition takes the helm.
President Biden has directed his team to channel as much funding as possible from the four colossal spending bills he successfully pushed through Congress: the American Rescue Plan, the Bipartisan Infrastructure Law, the CHIPS and Science Act, and the Inflation Reduction Act.
Moreover, the president intends to shine a light on a different aspect of the Inflation Reduction Act next month, which will cap $2000 for selected Medicare beneficiaries. Further, federal agencies are finalizing a set of new rules aimed at capping bank-imposed overdraft fees and stopping businesses from hiding alleged “junk fees” from their customers, all before Biden’s office departure.
Recently, Jeff Zients, Biden’s chief aide, circulated a memo to White House personnel, using terms like “dash to the finish” and “achieve as much as possible for the American citizenry.”