WASHINGTON: An optimistic President Joe Biden will seek to lift an often unenthusiastic nation Tuesday (Feb 7) with a State of the Union address showcasing his efforts to rebuild the US economy - and setting the s
Inflation, which just a few months ago seemed a near-existential threat to the Biden presidency, is steadily ticking downward. Hundreds of billions of taxpayer dollars are starting to flow out into programs passed under Biden to spur high-tech manufacturing and repair infrastructure.
Even if Biden has yet to formally announce his 2024 candidacy, the SOTU - followed by two very campaign-like trips Wednesday and Thursday to Wisconsin and Florida - is expected to give him a big push.- Beijing claims it was an errant weather research balloon but the US government says it was a high-tech espionage device - shows how narratives in Washington easily take dangerous new turns.
Already, a major crisis is brewing over Republican refusal to extend the US debt limit, usually a rubber stamp procedure. Biden's government warns of financial calamity, with major international implications, if Republicans stick to their guns, potentially pushing the United States into default.
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