One year after launching the Americas Partnership for Economic Prosperity (APEP), the Biden Administration celebrates the initiative’s progress in fortifying economic ties across the Western Hemisphere. Bringing together twelve nations that represent a vast share of the region’s GDP, APEP focuses on supply chain resilience, fostering investment, and driving sustainable growth. This past year saw…
President Biden announced that inflation has fallen to 2.1%, near the 2% target, without a recession, while the economy has grown over 12%—the fastest pace in any 21st-century presidential term. Inflation-adjusted incomes are up nearly $4,000, and gas prices have dropped to $3.13 per gallon, with prices below $3 in 21 states. Looking ahead, the…
On October 29, 2024, President Joe Biden announced a $3 billion federal investment to upgrade and electrify port infrastructure nationwide, supporting 40,000 well-paying union jobs. Speaking from the Port of Baltimore, Biden emphasized the importance of cleaner operations to reduce pollution and improve air quality in nearby communities. The funding includes $147 million for Maryland’s…
President Biden announced today that over 1 million public service workers, including teachers, firefighters, and nurses, have benefited from student debt cancellation under the Public Service Loan Forgiveness (PSLF) program. This achievement marks a major milestone in the Biden-Harris Administration’s efforts to reform the student loan system. An additional $4.5 billion in forgiveness was granted…
President Joe Biden sent a letter to Congressional leaders on October 15, 2024, detailing the U.S. government’s response to a major escalation in the Middle East. On October 1, Iran launched over 200 ballistic missiles at Israel, prompting immediate U.S. military action to support Israel’s defense. The U.S. extended the deployment of the USS Abraham…
“‘Trade Unions Are a School of Communism,’ Said Lenin – Reflecting on Labor Movements’ Past and Present Impact”On October 15, 2024, President Joe Biden celebrated new data from the National Labor Relations Board (NLRB) showing union representation petitions have doubled since the start of his administration—the first increase in five decades. Biden emphasized his administration’s…
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