When Biden Bits was posted for Thursday, President Biden had tweeted 1 time. He added 6 tweets giving him a Friday Tweeting Total of 7 tweets and 0 retweets…
The YouTube is 36 minutes and 12 seconds long. His full remarks can be found here.
President Biden: The Inflation Reduction Act is also going to deliver on a promise Washington has made for years: give Medicare the power to negotiate prescription drug prices. This bill will save the American people and Medicare hundreds of billions of dollars. It’s going to cap the amount of money seniors pay for prescription drugs at $2,000 a year — period — whether it’s for cancer or for other diseases and the treatments they need. Maximum $2,000 a year. That’s a Godsend for so many families.
President Biden: And along with the CHIPS and Science Act that I’ll be signing into law next week, the Inflation Reduction Act will mean we are making the largest investment ever in clean energy and American energy security — the largest in our history. It will be the largest investment in American manufacturing — in American manufacturing as well.
President Biden: Good afternoon, folks. I’m here with leaders from some of the — America’s largest companies and labor organizations: Kaiser Permanente, General Motors, Cummins, Carrier, Ameren, you know, the United Auto Workers, the AFL-CIO. They’re all here because they believe that the Inflation Reduction Act meets the needs of working families now and what our economy needs now for stronger, sustained economic growth in the years ahead. Let me tell you a few things about what this bill does.
In statements last night according to major news outlets, that linked them zero times, Senate Majority Leader Democrat Chuck Schumer and Arizona Senator Kyrsten Sinema have reached a deal on the Inflation Reduction Act of 2022.
Since, no major news outlet can bother with posting links to their full statements and neither have them posted on their websites, we turn to Chad Pergram of Fox News…
I know, I know, but beggars, can’t be choosers at this point in time; it’s 10 minutes to 8 my time…
The before the “new deal” was reached original links and such for the Inflation Reduction of Act of 2022 can be found here.
President Biden offered a brief statement regarding the deal reached:
Tonight, we’ve taken another critical step toward reducing inflation and the cost of living for America’s families. The Inflation Reduction Act will help Americans save money on prescription drugs, health premiums, and much more. It will make our tax system more fair by making corporations pay a minimum tax. It will not raise taxes on those making less than $400,000, and it will reduce the deficit. It also makes the largest investment in history in combatting climate change and increasing energy security, creating jobs here in the US and saving people money on their energy costs. I look forward to the Senate taking up this legislation and passing it as soon as possibleWhite House.gov. 08/04/2022.
Yesterday, the Department of Health and Human Services released the following statement:
U.S. Department of Health and Human Services Secretary Xavier Becerra announced today that he will declare the ongoing spread of monkeypox virus in the United States a Public Health Emergency (PHE). This action will further strengthen and accelerate the Biden-Harris Administration’s response in recognition of the continued rapid transmission of monkeypox in the U.S. and globally, and to signal the seriousness and urgency with which the Administration is responding. The announcement comes on the heels of President Biden appointing Robert Fenton of the Federal Emergency Management Agency as White House National Monkeypox Response Coordinator and Dr. Demetre Daskalakis of the Centers for Disease Control and Prevention as White House National Monkeypox Response Deputy Coordinator.
The PHE declaration is in concert with the Food and Drug Administration’s (FDA) work to explore new strategies that could help get vaccines to affected communities across the country, including using new dose-sparing approach that could increase the number of doses available, up to five-fold.
The public health emergency also carries important implications for data sharing with the federal government. Fifty-one jurisdictions have already signed data use agreements that will provide the Centers for Disease Control and Prevention (CDC) with information related to vaccine administration. Declaring the outbreak an emergency may provide the justification that the remaining jurisdictions need to sign their agreements. Additionally, it provides authorities to the Centers for Medicare & Medicaid Services to collect testing and hospitalization data.
As of today, HHS has shipped more than 602,000 doses of the JYNNEOS vaccine to states and jurisdictions, an increase of 266,000 in the past week. HHS has allocated 1.1 million doses to states and jurisdictions in total and is making more doses available as jurisdictions use their current supply. HHS also announced today that it has accelerated the delivery of an additional 150,000 doses to arrive in the U.S. next month. The doses, which were slated to arrive in November will now arrive in the U.S. in September.
Today’s announcements are part of the Biden-Harris Administration’s comprehensive strategy to combat the monkeypox outbreak. The strategy includes significantly scaling the production and availability of vaccines, expanding testing capacity and making testing more convenient, reducing burdens in accessing treatments, and conducting robust outreach to stakeholders and members of the LGBTQI+ communities.HHS.gov. 08/04/2022.
HHS Secretary Xavier Becerra is quoted as saying; Ending the monkeypox outbreak is a critical priority for the Biden-Harris Administration. We are taking our response to the next level by declaring a public health emergency. With today’s declaration we can further strengthen and accelerate our response further.
White House National Monkeypox Response Coordinator Robert Fenton is quoted as saying; President Biden has called on us to explore every option on the table to combat the monkeypox outbreak and protect communities at risk. We are applying lessons learned from the battles we’ve fought – from COVID response to wildfires to measles, and will tackle this outbreak with the urgency this moment demands.
President Biden’s Public Schedule for August 5th 2022:
|10:30 AM||The President receives the President’s Daily Briefing|
|12:20 PM||In-Town Pool Call Time|
|1:00 PM||The President signs two bipartisan bills that will help hold those who commit fraud under COVID-19 small business relief programs accountable; The Administrator of the Small Business Administration attends by 9:00 am]|
South Court AuditoriumPre-Credentialed Media [RSVP here by 9:00 AM]
|2:00 PM||Press Briefing by Press Secretary Karine Jean-Pierre|
James S. Brady Press Briefing Room
President Biden has tweeted…
He’s tweeted 3 times so far for Friday…
His added tweet the 3rd of the day….
Yes, gang, today’s my least favorite Friday of any month…
According to the BLS; Total nonfarm payroll employment rose by 528,000 in July, and the unemployment rate edged down to 3.5 percent, the U.S. Bureau of Labor Statistics reported today. Job growth was widespread, led by gains in leisure and hospitality, professional and business services, and health care. Both total nonfarm employment and the unemployment rate have returned to their February 2020 pre-pandemic levels.
I do not have the math skills to quickly say how close to accurate the above tweet is; it’s probably mostly accurate save it probably includes January 2021’s numbers, which is where it becomes less accurate.
President Biden’s full statement on today’s jobs report.
Today, the unemployment rate matches the lowest it’s been in more than 50 years: 3.5%. More people are working than at any point in American history. That’s millions of families with the dignity and peace of mind that a paycheck provides. And, it’s the result of my economic plan to build the economy from the bottom up and middle out. I ran for president to rebuild the middle class – there’s more work to do, but today’s jobs report shows we are making significant progress for working families.White House.gov. 08/05/2022.
My Hot Take…
With everyone preparing for that slowdown the Fed’s and economists everywhere are hoping for the estimated theory was that our economy for July would add 250,000 new jobs; I’m not economist, but I think that number was setting the bar too low.
No, I did not have 528,000 new jobs on my bingo card, I did however think the labor market would hold steady at around 300,000 new jobs.
Okay–Okay–I decided to check in with the Owl and saw this shitpost…
And this one…
President Biden’s remarks at the bill signing are schedule for 1:00 p.m. D.C., time.
The daily press briefing is scheduled for 2:00 p.m. D.C., time.