President Joe Biden finally seems to have some wind in his sails, and Democrats are hoping he stays there — at least until November.
On paper, Biden’s last two weeks have seen many “victories,” a veterans health care bill, a $50 billion investment in the nation’s semiconductor manufacturing capacity, a new broker, albeit limited, agreement on a staggering spending proposal, an al Qaeda leader killed. overseas, and a meaningful reduction in historically high national average gas prices.
All of that has happened with the president isolated by COVID-19, and some critics have speculated that Biden’s absence from the public eye helped Democrats achieve these victories, with the White House using Biden’s relatively mild coronavirus case to tout the administration. Works to expand access to Covid-19 vaccines and treatments.
A recent election gives the administration more incentive. of RealClearPolitics The poll’s average approval rating for Biden fell to 36.8% on July 21st, an all-time low, but rose to 39.5% on August 3rd.
Meanwhile, the inflation-reduction bill sponsored by Senator Joe Manchin (D-WV) and Senate Majority Leader Chuck Schumer (D-N) is polling well in the public, despite questions about the tax hike and its validity. Ability to fight inflation.
A recent Chamber of Commerce poll found that a majority of 1,219 respondents were “laser-focused” on inflation. Sixty-four percent said they were concerned about the direction of the economy, and 58% said they wanted Congress to focus on legislation to cut costs for consumers over other issues, with every other issue receiving 7% or less support.
Biden said the bill would make the wealthiest people and companies pay a “fair share” of taxes, lower health care costs for families and raise revenues by “creating cost savings and clean energy solutions for the future.”
A separate poll published by Navigator Research on Aug. 3 found 65% of respondents supported the bill, while only 24% opposed. Sixty-one percent of liberals and 38% of Republicans supported the legislation. Still, Navigator found Biden’s approval 16 points in the water.
Republicans are tipped to take back the House in the midterm elections, but the Senate remains a toss-up. Top Democratic officials and campaign strategists spoke Washington detective They expressed their belief that the changes that have taken place in the last two weeks, especially the reconciliation agreement, will make them more competitive in those competitions.
“All this shows is that Democrats are the only party that can come up with real solutions to help low-income families and make the wealthy pay their fair share of taxes,” said one senior Democrat. “Meanwhile, Republicans are using flawed math to make the same arguments they’ve been making for decades: Investing in our future will cost ordinary Americans in the long run. It’s a blatant lie.”
A second senior Democratic official added, “Republicans have consistently criticized our economic plans but have failed to offer any viable alternatives.”
Instead of making the ridiculous idea that “they are attacking the deflationary law”. [National Republican Senatorial Committee Chairman Rick] Scott (R-FL) because that would really increase taxes on American families,” the official said. Over the next few months, you can expect to see the differences become more apparent.
On the other hand, Republicans are warning about the tax increases included in the Manchin-Schumer bill. The bill does not include direct tax increases on individuals or families, but an analysis by the nonpartisan Joint Committee on Taxation found that the bill’s new 15% minimum tax would impose additional costs on consumers for corporations making $1 billion a year. and individual shareholders.
A GOP strategist told us. Washington Detective Democrats accused the bill of being “clean-handed” and selling out voters to a “winning” midterm campaign message.
Republican National Committee Chairwoman Rona McDaniel said in a statement: “Joe Biden and the Democrats want to raise taxes during a recession. Biden has lied, denied and taken the blame for the high prices and recession they created.” “Families can’t afford gas and groceries, but Biden and congressional Democrats are raising taxes, wasting more money, and making life harder for those trying to get by. Vote!”
Brooke Rollins, president of the America First Policy Institute, added: “America’s inflation is caused by out-of-control government spending, and the Biden administration’s answer is to pile on more spending and tax increases.” “Their new Big Government socialist law won’t tame inflation. It will make it worse. The common sense solution is to immediately cut government spending too much, boost domestic energy production, and stimulate supply with less burdensome taxes and regulations. The US economy is now in recession.”