President Biden credits administration with economic success; calls on Congress to pass legislation

CW39

WASHINGTON (NEXSTAR) — President Joe Biden says in the six months since he took the oath of office, the economy has taken off.

“The U.S economy has experienced the highest economic growth rate in nearly 40 years,” the President said.

In remarks at the White House on Monday, the President said his administration has defied all the critics.

“We’ve gone from 60,000 jobs per month to 60,000 jobs every three days. More than 600,000 jobs per month,” President Biden said.

He says it is important to maintain the momentum.

“And that’s why we need an investment in the bipartisan infrastructure framework and my build back better plan,” the President said.

President Biden says while prices have climbed, concerns about persistent inflation are unnecessary.

“Our experts believe, and the data shows, that most of the price increases we’ve seen were expected and expected to be temporary,” President Biden said.

But Republican lawmakers, like Rep. Fred Keller (R-Pa.) and Senate Minority Leader Mitch McConnell (R-Ky.), say the President is leading the country down the wrong path.

“What we know works is fewer regulations, lower taxes and people working. That’s what works,” Keller said.

“Another multi-trillion dollar reckless taxing and spending spree, believe me, is the last thing American families need,” McConnell said.

The Senate plans to bring an infrastructure plan to the floor this week, and the president says that plan will help boost the economy even more.

Copyright 2021 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

LATEST VIDEO

NO WAIT WEATHER + TRAFFIC

Rotary International Convention Coming to Houston in 2022

Typhoon In-Fa new Tokyo and Tropics update - Adam Krueger

Tokyo Olympics forecast - Adam Krueger

Weekend Minute Maid Park forecast and 7-Day - Carrigan Chauvin, Star Harvey

Weekend grilling and beach forecast - Star Harvey

Mystery Wire| Are UFOs and cryptid creatures connected?

Feels like forecast for weekend of July 23,2021 - Adam Krueger

Outside/Inside: Weather & Migraines - Carrigan Chauvin

Governor Abbott signs anti-fentanyl legislation into law in Houston

30-day temperature recap & 7-day forecast

Sunrise and today's forecast - Adam Krueger

"Stargirl" August 10 on Cw39

Weather | Child car deaths, a closer look at car VS. Air temperature - Star Harvey

Sunrise and Air quality is an Ozone Action Day - Adam Krueger

1 month rain recap - Carrigan Chauvin

Houston athlete schedule for Japan 2020 - Sharron Melton

New '311' call center for Houston - Sharron Melton

Weather | Recap lack of heat and abundance of rain for the last 30 days

Weather Wednesday (Lightning)

Popular

Don't Miss