It’s Friday…
President Biden’s public schedule for 01/26/2024:
| 10:00 AM Presidential Daily Breif | The President receives the Presidential Daily Briefing The White House Closed Press |
| 10:00 AM | In-Town Pool Call Time The White House Closed Press |
| 1:00 PM Press Briefing | Press Briefing by Press Secretary Karine Jean-Pierre and NSC Coordinator for Strategic Communications John Kirby James S. Brady Press Briefing Room |
Press Briefing by Press Secretary Karine Jean-Pierre and John Kirby @1:00 p.m. D.C., time:
GDP Tweet
From Thursday…
Today we learned that our economy grew 3.1% last year – all while adding another 2.7 million jobs and with core inflation moving back down towards the pre-pandemic benchmark.
— President Biden (@POTUS) January 25, 2024
That means wages, wealth, and employment are now higher now than they were before the pandemic. https://t.co/SOPzcJn1Of
The opening of the pay-walled WSJ article; The recession never showed up in 2023. Consumers made sure of it. The U.S. economy grew 3.1% over the past year, the Commerce Department said Thursday. A resilient labor market supported strong consumer spending and brushed aside a feared downturn. A year ago economists saw a recession as very likely and projected anemic 0.2% growth for the year. Instead, last year’s gain was a sharp pickup from a comparable 0.7% advance in 2022.
Statement from President Joe Biden on Fourth Quarter 2023 GDP Report:
Today we learned that the U.S. economy grew 3.1 percent over the past year while adding another 2.7 million jobs, and with core inflation moving back down towards the pre-pandemic benchmark. As a result, wages, wealth, and employment are higher now than they were before the pandemic. That’s good news for American families and American workers. That is three years in a row of growing the economy from the middle out and the bottom up on my watch.
But our work is not done. I will continue to fight to lower costs — from implementing historic legislation to lower prescription drugs costs, health insurance premiums, and clean energy costs, to taking on hidden junk fees that companies use to rip off consumers, to calling on large corporations to pass on to consumers the savings they have been seeing for months now. And I won’t allow extreme Republicans to hand out massive giveaways to the wealthy and large corporations, while raising your costs and cutting Social Security, Medicare, and Medicaid. That’s not how we give American families more breathing room.
White House.gov. 01/25/2024.
BLS.gov said; Real gross domestic product (GDP) increased at an annual rate of 3.3 percent in the fourth quarter of 2023 (table 1), according to the “advance” estimate released by the Bureau of Economic Analysis. In the third quarter, real GDP increased 4.9 percent. The GDP estimate released today is based on source data that are incomplete or subject to further revision by the source agency (refer to “Source Data for the Advance Estimate” on page 3). The “second” estimate for the fourth quarter, based on more complete data, will be released on February 28, 2024.
Blatnik Bridge Tweets
From Thursday…
Join me at the Blatnik Bridge in Wisconsin as we commit $1 billion from our infrastructure law to build a new, modern bridge that'll create up to 10,000 construction jobs. https://t.co/bpEceMI5PN
— President Biden (@POTUS) January 25, 2024
The YouTube is 25 minutes and 45 seconds long. His full remarks can be found here.
Opened in 1961, the Blatnik Bridge connects Minnesota and Wisconsin over the St. Louis Bay.
— President Biden (@POTUS) January 26, 2024
For decades folks talked about replacing it, but it never happened. Until today.
Today, I’m proud to announce over $1 billion from our infrastructure law will be used to get it done. pic.twitter.com/WIkhZ3asdo
You know, that bridge opened in 1961, and it connects Minnesota to Wisconsin — you know better than anyone in the world — and over the [St.] Louis Bay.
[snip]
For decades, people talked about replacing this bridge, but it never got done, until today. (Applause.) Until today. I mean it.
And I’m proud to announce $1 billion from the Bipartisan Infrastructure Law will be used to build this new bridge, a new bridge that will increase capacity for large trucks and oversized loads; a new bridge with a modern design, wider shoulders, smother on — smoother on and off ramps; a new bridge with a shared path for pedestrians and cyclists. (Applause.)
White House.gov. 01/25/2024.
From the White House…
01/25/2024:
- FACT SHEET: President Biden Announces Nearly $5 Billion for Major Transportation Projects Nationwide
Liquefied Natural Gas Tweet
From Friday…
My Administration is pausing pending decisions on new Liquefied Natural Gas exports.
— President Biden (@POTUS) January 26, 2024
During the pause, we'll take a hard look at the impacts of exports on costs, energy security, and climate change – the existential threat of our time.
We're committed to getting this right.
President Biden has been clear that climate change is the existential threat of our time – and we must act with the urgency it demands to protect the future for generations to come. That’s why, since Day One, President Biden has led and delivered on the most ambitious climate agenda in history, which is lowering energy costs for hardworking Americans, creating millions of good-paying jobs, safeguarding the health of our communities, and ensuring America leads the clean energy future.
White House.gov. 01/26/2024.
Today, the Biden-Harris Administration is announcing a temporary pause on pending decisions on exports of Liquefied Natural Gas (LNG) to non-FTA countries until the Department of Energy can update the underlying analyses for authorizations. The current economic and environmental analyses DOE uses to underpin its LNG export authorizations are roughly five years old and no longer adequately account for considerations like potential energy cost increases for American consumers and manufacturers beyond current authorizations or the latest assessment of the impact of greenhouse gas emissions. Today, we have an evolving understanding of the market need for LNG, the long-term supply of LNG, and the perilous impacts of methane on our planet. We also must adequately guard against risks to the health of our communities, especially frontline communities in the United States who disproportionately shoulder the burden of pollution from new export facilities. The pause, which is subject to exception for unanticipated and immediate national security emergencies, will provide the time to integrate these critical considerations.
The U.S. is already the number one exporter of LNG worldwide – with U.S. LNG exports expected to double by the end of this decade. At the same time, the U.S. remains unwavering in our commitment to supporting our allies around the world. Today’s announcement will not impact our ability to continue supplying LNG to our allies in the near-term. Last year, roughly half of U.S. LNG exports went to Europe, and the U.S. has worked with the E.U. to successfully economize consumption and manage its storage to ensure that unprovoked acts of aggression cannot threaten its supply. Furthermore, in 2022, the E.U and U.S. pledged to work toward the goal of ensuring additional LNG volumes for the E.U. market – with the U.S. exceeding our annual delivery targets to the E.U. in each of the past two years. Through existing LNG production and export infrastructure, the U.S. has – and will continue – to deliver for our allies.
As Republicans in Congress continue to deny the very existence of climate change while attempting to strip their constituents of the economic, environmental and health benefits of the President’s historic climate investments, the Biden-Harris Administration will continue to lead the way in ambitious climate action while ensuring the American economy remains the envy of the world.
Biden-Harris Administration’s Top Climate Accomplishments:
- Signed into law the largest climate investment in history, the Inflation Reduction Act, which has already created 210,000 new jobs across nearly every state and attracted more than $200 billion in private clean energy investments ($365 billion since President Biden took office), while putting the U.S. on a path to meet our climate goals and reach 80% clean energy by 2030 – in addition to securing the American Rescue Plan, Bipartisan Infrastructure Law, and CHIPS and Science Act
- Established a whole-of-government strategy to tackle methane emissions – from plugging wells and leaks in the oil and gas sector, to reclaiming abandoned coal mines, to reducing food waste and agricultural emissions, and finalized a historic rule to reduce methane emissions from oil and gas operations by nearly 80%, delivering billions of dollars in health and economic benefits
- Launched the American Climate Corps to mobilize a new, diverse generation of Americans – putting them to work conserving and restoring our lands and waters, bolstering community resilience, deploying clean energy, implementing energy efficient technologies, and advancing environmental justice, all while creating pathways to high-quality, good-paying jobs
- Advancing the most ambitious environmental justice agenda in history, including by signing a historic Executive Order that calls on the federal government to bring clean energy and healthy environments to all and mitigate harm to those who have suffered from toxic pollution and other environmental burdens like climate change; delivering on the Justice40 initiative, which is ensuring that the benefits of President Biden’s historic investments in America – from clean energy projects to floodwater protections – reach communities that need them most; replacing lead pipes and taking action to protect communities from PFAS pollution; accelerating Superfund cleanups; tightening air quality enforcement near pollution facilities; and more
- Protected 26 million acres of lands and waters – on track to conserve more lands and waters than any President in history – including five new national monuments that include protections for lands in Colorado, Nevada, Texas, and most recently, the Baaj Nwaavjo I’tah Kukveni – Ancestral Footprints of the Grand Canyon National Monument in Arizona; initiating new national marine sanctuaries as part of the President’s goal of conserving 30% of lands and waters by 2030, delivering billions of dollars to accelerate land, water, and wildlife conservation efforts in all 50 states, territories, the District of Columbia, and Tribal nations; and more
- Canceled remaining oil and gas leases issued by the previous administration in the Arctic National Wildlife Refuge, proposed protections for more than 13 million acres in the National Petroleum Reserve in Alaska, and withdrew approximately 2.8 million acres of the Beaufort Sea, ensuring the entire United States Arctic Ocean is off limits to new oil and gas leasing
- Signed an Executive Order that sets an ambitious target to make half of all new vehicles sold in 2030 zero-emissions, while proposing strongest-ever limits on tail pipe emissions and issuing fuel economy standards, giving Americans more choices about the cars they drive, and saving Americans hundreds of dollars at the pump
- Proposed carbon pollution standards for coal and gas-fired power plant emissions that would avoid hundreds of millions of tons of carbon dioxide emissions and protect people’s health
- Accelerated permitting of clean energy projects, including 47 projects on public lands that total 11.2 megawatts of wind, solar and geothermal energy on public lands – enough to power more than 3.5 million homes, and broke ground on 10 major transmission projects, which are slated to connect 19.5 gigawatts of new generation to the grid
- Rallied world leaders to raise global climate ambition, including by securing commitments from more than 155 countries to reduce methane emissions by at least 30 percent by 2030, joining leaders at COP28 to commit, for the first time, to transition away from fossil fuels, end new unabated coal capacity globally, and agree to triple renewable energy globally by 2030
- Invoked the Defense Production Act using emergency authority on the basis of climate change to increase domestic production of key clean energy technologies, such as solar, transformers and electric grid components, and heat pumps
In every corner of the country and the world, people are suffering the devastating toll of climate change. Historic hurricanes and floods wiping out homes, businesses, and houses of worship. Wildfires destroying whole neighborhoods and forcing families to leave their communities behind. Record temperatures affecting the lives and livelihoods of millions of Americans, especially the most vulnerable.
From Day One, my Administration has set the United States on an unprecedented course to tackle the climate crisis at home and abroad – securing the largest climate investment in the history of the world, unlocking clean energy breakthroughs that will power a clean economy and create thousands of jobs, advancing environmental justice for all, and rallying world leaders to transition away from the fossil fuels that jeopardize our planet and our people.
But more action is needed.
My Administration is announcing today a temporary pause on pending decisions of Liquefied Natural Gas exports – with the exception of unanticipated and immediate national security emergencies. During this period, we will take a hard look at the impacts of LNG exports on energy costs, America’s energy security, and our environment. This pause on new LNG approvals sees the climate crisis for what it is: the existential threat of our time.
While MAGA Republicans willfully deny the urgency of the climate crisis, condemning the American people to a dangerous future, my Administration will not be complacent. We will not cede to special interests.
We will heed the calls of young people and frontline communities who are using their voices to demand action from those with the power to act. And as America has always done, we will turn crisis into opportunity – creating clean energy jobs, improving quality of life, and building a more hopeful future for our children.
White House.gov. 01/26/2024.
“New” from the White House…
01/25/2024:
- Remarks by First Lady Jill Biden at a Gun Violence Prevention Event; the YouTube is 1 hour and 1 minute long.
01/26/2024:
This is an Open Thread.
