Biden to pledge to work with Republicans in State of the Union speech

WASHINGTON, DC, USA – US President Joe Biden will declare US democracy is bruised but “unbowed and unbroken” on Tuesday, February 7, in a State of the Union speech that will serve as an olive branch to skeptical Republicans and a blueprint for his 2024 re-election bid.

Seeking to project optimism ahead of a 2024 presidential campaign, Biden will say the economy is benefiting from 12 million new jobs, COVID-19 no longer controls American lives, and U.S. democracy remains strong. Biden turned 80 in November and, if re-elected, would be 82 at the start of a second term, a fact that concerns many Democratic voters, recent polls show.Biden will hail the resilience and strength of the US economy, with unemployment having dropped to a nearly 54-year low in January, while pledging continued efforts to lower inflation and defend Social Security and Medicare benefits.

On foreign policy, Biden is expected to highlight the US-led response to Russia’s year-long invasion of Ukraine, the strength of the NATO alliance and tensions between the United States and China, spotlighted by a Chinese spy balloon that wasThe president will appeal for bipartisan efforts on his “unity agenda” to advance cancer research, support veterans, expand mental health services overall, and beat the “opioid and overdose epidemic,” the White House said.

Biden adviser Keisha Lance Bottoms said the president would continue to press for passage of the George Floyd bill on police reforms named for a Black man killed under the knee of a white police officer in 2020, and had discussed ways to “move the needle” with the Congressional Black Caucus last week.

Source: Financial Digest (financialdigest.net)

Philippines Latest News, Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

GSIS posts 15% increase in gross nonlife insurance premiums in 2022 - BusinessWorld OnlineGOVERNMENT Service Insurance System (GSIS) saw a 15% increase in gross premiums written in its nonlife insurance business last year, it said in a statement on Sunday. Its gross nonlife premiums written were at P6.8 billion in 2022, which GSIS said was a record. This was up from P5.9 billion in 2021. The state-run pension […]
Source: bworldph - 🏆 9. / 68 Read more »

LANDBANK net income climbs 38.2% to P30.1 billion in 2022 - BusinessWorld OnlineLAND BANK of the Philippines (LANDBANK) posted a 38.2% increase in its net income in 2022 on improved interest income from loans and investments and gains from fees, commissions, and foreign exchange. The bank said in a statement on Sunday that its net profit stood at P30.1 billion in 2022, surpassing its target of P25.71 […]
Source: bworldph - 🏆 9. / 68 Read more »

GSIS records P6.8-B non-life insurance premiums in 2022The Government Service Insurance System (GSIS) has recorded a P6.8 billion gross premiums written (GPW) in its non-life insurance business for 2022.
Source: gmanews - 🏆 11. / 68 Read more »

BPI’s income soared 66% to P39.6b in 2022Bank of the Philippine Islands, the third-largest lender in terms of assets, posted a record net income of P39.6 billion
Source: MlaStandard - 🏆 20. / 55 Read more »

2022 GSIS non-life insurance premiums reached P6.8BMANILA, Philippines -- The Government Service Insurance System (GSIS) reported a record high P6.8 billion net of non-life insurance premiums in 2022. In a statement on Monday, the GSIS said
Source: inquirerdotnet - 🏆 3. / 86 Read more »

Nearly 12,000 repatriated OFWs get Tesda training in 2022MANILA, Philippines — Almost 12,000 repatriated Overseas Filipino Workers (OFWs) have acquired training under the Technical Education and Skills Development Authority (Tesda) programs, the
Source: inquirerdotnet - 🏆 3. / 86 Read more »