"Bidenomics: A Macro Vision for Growing the Economy and Investing in America"

1 min read
Source: POLITICO
"Bidenomics: A Macro Vision for Growing the Economy and Investing in America"
Photo: POLITICO
TL;DR Summary

President Biden and VP Harris will announce a $40 billion investment in high-speed internet infrastructure as part of their "Investing in America" tour, which marks a pivot into a new campaign message centered on "Bidenomics." The term refers to the administration's economic strategy of boosting the middle class through government investments rather than stimulative tax cuts focused on the wealthy. Meanwhile, Florida Governor Ron DeSantis is facing backlash from a major Republican women's group in New Hampshire ahead of his visit to the state. The Supreme Court is set to issue more rulings this week, while Congress is facing a deadline to fund the government by New Year's Eve. Chinese officials reportedly discussed Taiwan's upcoming presidential election with Secretary of State Blinken during his recent visit.

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