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Facts First: Biden’s claim that the inflation rate was 9% when he became president is not close to true. The year-over-year inflation rate in January 2021, the month of his inauguration, was ...
“I think inflation has gone slightly up,” Biden told Brian Sozzi. ... of inflation stood at 1.6 percent when Biden took office in January 2021, reaching a peak of 7.1 percent in June 2022 ...
Fact check: Trump says Biden didn’t run for president due to 2017 Charlottesville rally “He made up the Charlottesville story, and you’ll see it’s debunked all over the place.
The American Rescue Plan Act of 2021, also called the COVID-19 Stimulus Package or American Rescue Plan, is a US$1.9 trillion economic stimulus bill passed by the 117th United States Congress and signed into law by President Joe Biden on March 11, 2021, to speed up the country's recovery from the economic and health effects of the COVID-19 pandemic and recession. [1]
The Inflation Reduction Act of 2022 ( IRA) is a United States federal law which aims to reduce the federal government budget deficit, lower prescription drug prices, and invest in domestic energy production while promoting clean energy. It was passed by the 117th United States Congress and signed into law by President Joe Biden on August 16 ...
📈 Key takeaways on Trump and Biden’s economic records. Inflation: Prices have risen 19.3% since Biden took office, almost four times faster than the 5% increase three years and five months ...
Passed the Senate as the Chips and Science Act on July 27, 2022 ( 64–33) with amendment. House agreed to Senate amendment on July 28, 2022 ( 243–187–1) Signed into law by President Joe Biden on August 9, 2022. The CHIPS and Science Act is a U.S. federal statute enacted by the 117th United States Congress and signed into law by President ...
In fact, his presidential salary is $400,000 per year; the joint tax filings of President Biden and first lady Jill Biden showed $619,976 in income last year, $579,514 in 2022 and $610,702 in 2021.