Sen. Rick Scott (R-FL) has proposed the "Rescue America" plan to reduce the size of the federal government and increase accountability. The revised version of the plan includes exceptions for Social Security, Medicare, national security, veterans benefits, and other essential services, and has been met with mixed reactions from both sides of the aisle. President Joe Biden has expressed concern that the plan could jeopardize popular programs, and it remains to be seen how the plan will be received by Congress.
Posts tagged as “Joe Biden”
President Joe Biden has been declared "fit" to conduct his duties as president following a routine physical exam on Thursday. White House physician Kevin O’Connor released a five-page memo stating that Biden, an 80-year-old male, remains "healthy and vigorous" and is fit to successfully execute the duties of the presidency. The physical included an “extremely detailed” neurologic exam, as well as a biopsy of a small lesion on Biden’s chest, with results still pending.
President Joe Biden announced Thursday that the US is increasingly confident that the three objects that were downed in recent weeks were Chinese surveillance balloons, and that the US was able to protect sensitive sites against collection. The intelligence community is still assessing what the additional objects shot down were, but they are believed to be much smaller than the initial Chinese balloon. Biden also spoke from an auditorium across an alley from the West Wing in the Eisenhower Executive Office Building.
President Joe Biden addressed the recent shooting down of three unidentified objects in North American airspace, stating that the US has no indication that the objects are related to China’s spy balloon program and are likely from private entities. He warned that the US will take down any object that presents a threat to the safety and security of the American people, and that his remarks were his first formal comments on the incident. Diplomatic tension between the US and China has arisen due to the shooting down, with China insisting that the balloon was not intended for spying.
Former South Carolina Governor Nikki Haley has announced her bid for the Republican presidential nomination in 2024, prompting Senator Mitt Romney to warn his fellow Republicans that Donald Trump is the most likely candidate to win the nomination. Romney believes that the only way to stop Trump is to narrow the field to a two-person race, with other potential candidates including Mike Pence, Mike Pompeo, and John Bolton.
The White House has announced the appointment of Lael Brainard of the Federal Reserve as the new director of the National Economic Council. Brainard will be tasked with helping President Biden implement his economic agenda, including pandemic relief, infrastructure, and tax bills. However, the U.S. is currently at risk of defaulting on its debt in July if Congress does not act to raise or suspend the debt limit. Brainard's expertise and experience will be essential in helping the White House navigate this difficult situation.
The Congressional Budget Office (CBO) released a report on Wednesday warning Congress to address the debt limit before the government runs out of funds, potentially between July and September. The report notes that the government’s spending has increased due to the coronavirus pandemic, resulting in a $3.3 trillion deficit for the 2021 fiscal year. Treasury Secretary Janet Yellen has said that a default would be economically calamitous.







